Ethereum Short Position Update – June 7, 2025

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Ethereum Short Position Share

Currently, Ethereum is approaching the completion zone of a Gartley pattern.
The Gartley pattern is one of the traditional corrective patterns and often acts as an important price reversal point.

In this pattern, the price is showing resistance near the high and signaling a reversal, indicating a high possibility of a shift into a short-term corrective phase.

Accordingly, a short position is considered with the first target set at $2,476.
This area corresponds to a previous support level and the pattern target, making it a technically significant selling target zone.

It is important to monitor market conditions and volume trends while managing risk simultaneously.