Ethereum Faces Bearish Sentiment Amid Rising Selling Pressure

Telegram News 2025-05-26 Create

Ethereum (ETH) has shown little movement in the past two weeks, despite overall crypto market gains. In the last 48 hours, over 225,779 ETH worth $576 million was sold, signaling investor profit-taking and short-term risk aversion. Technical indicators, including a bearish MACD crossover, suggest further downside risk. Ethereum is currently trading at $2,553, with key support at $2,500.

OnlyTG News

source: BeInCrypto


Keep an eye on the daily Telegram news from OnlyTG.