$ETH Are Ethereum bears regaining control?

Long-term Ethereum holders (LTH) are increasing their sell-offs, as evidenced by the record level of the Ethereum Liveliness indicator.

The Chaikin Money Flow (CMF) indicator is negative, signaling low buying interest and further downward pressure on ETH.

If sell-offs continue, the price of ETH could drop to $2185 or even lower to the level of $2027, although new demand could reverse the trend.