Technical analysis by CC_Analyst about Symbol ETH: Sell recommendation (8/9/2025)

The Bearish Butterfly setup with price levels: 📍 Entry Around point D, which looks close to $4,186–$4,190. 🛑 Stop Loss (SL) Safest SL: Above 1.27 XA extension (slightly beyond D) → around $4,230–$4,240. Conservative SL: Just above 1.618 XA extension (~$4,255). 🎯 Take Profits (TP) We use Fibonacci retracements from the AD leg for targets: TP1: 38.2% retracement of AD → ~$3,960 TP2: 61.8% retracement of AD → ~$3,800 TP3: Full retrace to point B area (~$3,700)