Technical analysis by IvyMorgan about Symbol ETH: Sell recommendation (10/20/2025)

ETHUSDT is moving positively after the recent drop from 4,500. On the H4 frame, the price bottomed at 3,780 and then started building a higher high, indicating a gradual return to bullish momentum. The last bearish FVG gap has been broken, and now the price is approaching the 4,100–4,200 resistance corresponding to the edge of the Ichimoku cloud. Current conditions support buyers with the decline in US bond yields and the weakness of the dollar, in addition to expectations of a rate cut from the Federal Reserve at the end of 2025. Ethereum ETF news also boosts sentiment. However, without a clear close above 4,200, the possibility of a corrective decline remains valid towards 4,050 or even 3,820 before the rise continues.