Technical analysis by Sahrin about Symbol ETH: Sell recommendation (6/6/2025)

The last few candles show strong red bodies, suggesting selling pressure.Price has closed below the middle Bollinger Band (20-day moving average), often a trigger point for downside momentum. This suggests a transition from neutral/bullish to bearish momentum.Recent highs failed to break the previous peak near $2,900. This forms a lower high, indicating weakening buying strength.