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Ethereum Faces Potential Decline Amid Death Cross Formation

AI Summary

According to Cointelegraph, Ethereum's native token, Ether (ETH), has experienced its first 'death cross' on the two-week chart since the 2022 bear market. This technical pattern, where the 20-period exponential moving average (EMA) falls below the 50-period EMA, has historically been associated with significant price declines, including a notable 40% drop in 2022. The current setup mirrors the past, with a strong local top followed by a prolonged consolidation phase and a gradual breakdown marked by lower highs. As of June 2025, ETH struggles to surpass these key moving averages, maintaining downside risks and potentially targeting a decline toward $1,835, a significant Fibonacci level from the 2021-2022 period.

Despite these bearish signals, there are indicators of bullish potential for Ethereum. A successful reclaiming of the 20-period and 50-period EMAs as support could propel ETH toward the $3,500-4,000 range, aligning with Fibonacci targets. Supporting this possibility, ETH's price increase since May has been accompanied by its strongest trading volume since the bear market recovery phase of July-August 2022. Additionally, Ether funds have seen substantial inflows, totaling $2.43 billion in 2025, with overall assets under management reaching $14.29 billion.#BinanceAlphaAlert #NEWTBinanceHODLer #BinanceTGEXNY #SaylorBTCPurchase