Technical analysis by peterbokma about Symbol ETH: Sell recommendation (8/17/2025)

Overall view is still the same for me. Yes, it can spike, but the overbought status and slope of the reg. channel suggest we may see a test of $ 3,935 area en route $ 3,500 is my personal view. It is clear the world sees crypto in the light of being an asset and the banks are starting to embark this same route I wish to note that history does repeat itself, and from a trading perspective it is fine to enter trades in it, but always remain alert, especially we should understand what the real value of assets are. In the meantime I see the strategy SELL @ $ 4,400 - 4,700 and take profit near $ 3,850 for now.