Technical analysis by DeGRAM about Symbol ETH: Sell recommendation (10/23/2025)

📊 Technical Analysis ● ETH/USD remains in a broad ascending channel but is now testing its mid-range support near 3,900 after multiple rejections from the upper resistance line. ● A breakdown below 3,800 may trigger a move toward 3,380, aligning with the lower boundary of the long-term channel and completing a corrective wave. 💡 Fundamental Analysis ● Ethereum’s price faces pressure amid slower network activity and rising competition from L2 ecosystems, while macro uncertainty weighs on crypto sentiment. ✨ Summary ● Short bias below 3,900; targets 3,380. Structural breakdowns and weaker fundamentals point to a medium-term retracement phase. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!