ETH Struggles with a Double Top Death Cross Warning at 2700! Bulls, Don't Celebrate Too Early 💥🧐

ETH was smashed down at around 2700, forming a double top, with selling pressure as heavy as a mountain, repeatedly testing 2650 multiple times before barely holding on.

In the short term, the MACD death cross signals a bearish trend, with momentum sharply declining; the RSI has dropped from overbought to neutral, and sentiment has turned cold.

The price has fallen below the short-term moving averages, although it is still clinging to the EMA120 in the long term, the short-term bulls are already in a precarious situation.

Trading volume indicates that there is a frenzy of sellers around 2700, while funds are secretly picking up at 2650. Don't act impulsively; this wave still requires observation, stay steady and don't get chopped up! ⚠️🔥