Technical analysis by The_Alchemist_Trader_ about Symbol ETH: Sell recommendation (12/8/2025)
https://sahmeto.com/message/3970206

The_Alchemist_Trader_
Rank: 31501
Analytical Power:
0.9
Ethereum (ETH) Update | Low Volume Bounce
Sell
Price at Publish Time:
$3,140.27

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