Technical analysis by Mentor_Michael03 about Symbol ETH: Sell recommendation (7/18/2025)

Ethereum has shown a strong impulsive rally after multiple Breaks of Structure (BOS) from early June, signaling a clear shift in market sentiment from bearish to bullish. Each BOS indicates that demand zones have been respected and liquidity has been efficiently used to fuel higher prices — a classic signature of institutional involvement. 🧠 Smart Money Insight As price aggressively rallied into the resistance zone ($3,600–$3,800), the market entered a premium pricing area, where smart money typically offloads positions and hunts liquidity from late buyers. This area has historically been a high reaction zone — and as seen on the chart, ETH shows signs of buyer exhaustion, suggesting a possible short-term reversal. 🔁 Anticipated Market Behavior A corrective move is likely from this resistance, and the first target for retracement lies in the support zone around $3,000–$3,200. This level aligns with: Previous BOS retest area Fair value imbalance fill Mid-range equilibrium If momentum continues downward, the next zone of interest will be the strong support region at $2,200–$2,400, which served as a major accumulation zone. That’s where large orders previously entered the market — and a strong reaction is expected again. 📊 Market Structure Summary: BOS Confirmations: Validated bullish structure Liquidity Grab: At resistance – potential sweep and reversal Premium Zone Rejection: Smart money short opportunity Discount Zone Targets: Support & strong support zones ✅ Conclusion ETH is at a critical decision point. If price holds below resistance with continued bearish pressure, a retracement is not only healthy — it's expected. Traders should wait for confirmation of lower timeframe structure breaks before entering shorts, and target the $3,000 zone first, with eyes on $2,200 if momentum persists.