After its recent pump, $ETH doesn't seem strong enough to sustain the rally.
Price is getting rejected by a bearish order block, further confirmed by a Stochastic death cross, a signal that has marked previous local tops. It's best to be preserve capital right now, as Ethereum looks poised for a retrace.
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After its recent pump, $ETH doesn't seem strong enough to sustain the rally.
Price is getting rejected by a bearish order block, further confirmed by a Stochastic death cross, a signal that has marked previous local tops.
It's best to be preserve capital right now, as Ethereum looks poised for a retrace.