This Indicator Correctly Called Major Ethereum Moves – Here’s What It’s Flashing Now

Ethereum has erased nearly all gains from earlier this month as renewed selling pressure hit the crypto market, triggering a weekly sell signal for ETH. The signal raises the risk of another sharp corrective phase similar to past declines, posing downside pressure on token performance and broader DeFi and CEX markets and increasing short-term market risk for traders and investors.