Technical analysis by ManiMarkets about Symbol ETH: Sell recommendation (9/1/2025)

ETH (30m): Head & Shoulders Breakdown, Key Supports Await Bearish Reversal Pattern: Ethereum has completed a classic Head and Shoulders pattern, which is a bearish reversal formation, and has clearly broken below its crucial neckline. This indicates a significant shift in short-term momentum to the downside. Failed Retest & Resistance: The price has tried to recover, making an attempt to retest the broken neckline, but it looks like that area (around 4,400−4,500, marked by the blue box and circle) is now acting as strong resistance, pushing prices back down. Bullish Confirmation: For us to even consider a bullish outlook on this timeframe, Ethereum needs to decisively break and hold above the $4,700 mark. Until then, the path of least resistance appears to be downwards. Key Support Target: Our primary downside target and critical support zone is the $4,000 to $4,100 range. This is where we anticipate buyers might step in if the current selling pressure persists. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.