Ethereum ‘death cross’ flashes for the first time since 2022 ETH price crash
ETH’s two-week chart signals a bearish crossover, resembling a 2022 setup that preceded a 40% decline in the price of Ether.
Key takeaways:
Ethereum has printed its first two-week death cross since 2022, historically linked to a ~40% price drop.
ETH faces downside risks while trading below two key trendlines.