Technical analysis by KlejdiCuni about Symbol ETH: Sell recommendation (8/31/2025)

KlejdiCuni

ETH at a Crossroads: Bounce or Breakdown? ETH hit our first target at 4335 and bounced back over the weekend. Right now, it's testing a strong resistance zone—the same area that caused a drop before. If this zone holds, ETH could start another bearish wave (as shown in the black scenario), but the setup still needs more time to develop. If ETH pushes a bit higher, it might reach 4650, where another resistance zone could trigger a reversal. BTC also looks weak, and if it drops, ETH might follow—even though it’s holding up better for now. Overall, it’s still a risky setup, especially with the USD lacking clear direction. I lean toward the bearish scenario in black, but we’ll need to watch how things unfold. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading dayPrevious analysis:Target one was reached from the black scenario as expected. It should fall further.