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Technical analysis by The_Alchemist_Trader_ about Symbol ETH: Sell recommendation (12/8/2025)

https://sahmeto.com/message/3970206
The_Alchemist_Trader_
The_Alchemist_Trader_
Rank: 31501
0.9

Ethereum (ETH) Update | Low Volume Bounce

Sell
Price at Publish Time:
$3,140.27
Sell،Technical،The_Alchemist_Trader_

ETH’s bounce remains weak as price fails to break above the value area high. Low bullish volume suggests that buyers are not stepping in with conviction, raising the risk of a reversal. If ETH loses the $2,800 support, the next major target becomes $2,200, a level that has not been tapped since June and holds significant liquidity. Key Points: - Weak bounce with no volume behind the move - Failure to reclaim value area high increases downside risk = Breakdown below $2,800 could send ETH toward $2,200 What to Expect: As long as volume remains low, ETH risks sliding toward the lower end of its multi-year range. Bulls must reclaim value area high to invalidate the bearish setup.

Source Message: TradingView
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