$ETH Ethereum’s recent rally has slammed into a wall. After spiking to $4,535, momentum has taken a sharp U-turn. A dominant red candle has cut through the chart, sending price under the fast-moving EMA 7 (yellow) and down toward the EMA 25 (pink).
The once-unstoppable uptrend is showing cracks. Bulls are losing their grip, and bears are moving in with force.
Market Outlook:
The short-term trend has flipped bearish, triggering a sell signal. If selling pressure continues, the next likely target is the EMA 99 (purple) around $4,051 — a zone where buyers could step back in to defend support and attempt a rebound.
Right now, caution is key. The bull train isn’t derailed yet, but it’s definitely slowing down.
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