Technical analysis by AndeWave about Symbol ETH: Sell recommendation (12/17/2025)

The correction relative to the global trend ends at 3430. The local trend changes upon breaking support at 3050. Ethereum has successfully consolidated below the ascending support line and is moving lower. All eyes are now on 2903. A close below this level could lead to a drop to 2720. Judging by volume, buyers are still hesitant about the market. Selling is increasing. The reaction at 2900 is weakening, and the price is compressing below the level, which could signal a possible decline after breaking support. Scenario: The price could pull back slightly to 3000 - 3020 before falling. Or it could break support immediately. In this case, if 2900 fails to hold, Ethereum could continue to decline.