Technical analysis by lixing_gan about Symbol ETH: Sell recommendation (12/18/2025)

Ether prices slipped near their 5-month low, as waning risk appetite and macro uncertainty weighed on crypto markets. Selling pressure intensified as forced liquidation in leveraged long positions amplified downside momentum during the selloff. ETF outflows of more than 450 mln USD over the past three days signal fading demand and limited dip-buying interest. ETHUSD extended its decline within the descending channel following a reversal below the channel's upper bound. If ETHUSD breaks below the support at 2700, the price may approach the following support at 2220. Conversely, closing above the channel's upper bound and resistance at 3400 may prompt a further rise toward the following resistance at 3900. By Li Xing Gan, Financial Markets Strategist Consultant to Exness