Technical analysis by FP Markets about Symbol ETH: Sell recommendation (10/1/2025)

From the daily price of ETH/USD (Ethereum versus the US dollar), price recently engulfed the neckline of a head and shoulders top pattern (extended from the low of US$4,060). Subsequently, it retested the underside of resistance at US$4,217. Should the unit hold resistance, further selling towards the head and shoulders pattern profit objective at US$3,609 could be seen. FP Markets Research Team