Technical analysis by KlejdiCuni about Symbol ETH: Sell recommendation (12/23/2025)

ETH at Key Support – Breakdown Could Trigger a Deeper Sell-Off ETH is currently trading at a very critical technical zone after failing to sustain momentum above the rising channel resistance. Price has already been rejected from the major supply zone and is now retesting the lower trendline support. A clean hold below this support would invalidate the bullish structure and open the door for a bearish continuation movement. If sellers gain control, the first downside target sits around 2,840, followed by a deeper move toward 2,740, where stronger demand is expected to appear. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading dayFrom our analysis, after ETH rose slightly above the resistance zone, as expected by one of the scenarios, the price fell to 2888.7. It seems that the market is slowly gaining momentum in the bearish direction. If the price manages to hold this zone, it could fall further in the coming days. However, be careful as we are in the holiday season and anything can happen with this low liquidity in all markets. For now, ETH remains bearish and has a clearer picture.