Technical analysis by linofx1 about Symbol ETH on 10/9/2025

It appears that ETHEREUM may be anticipating a bearish trend. Analyzing the 4-hour time frame, I spotted a rising parallel channel and a confirmed breakout of its lower boundary. The final challenge for sellers lies at the 4464 - 4422 support level on the 4-hour chart, where the price is currently consolidating on the horizontal support. Should the bears break and close below that level, it would signal a significant bearish indication. Subsequently, a bearish continuation could potentially lead to the 4200-support level.