Ethereum Edges Toward Bearish Signal as Key Technical Pattern Forms
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jun 30 2025Technical Indicators and Market Sentiment: Ethereum is nearing a potential death cross formation, indicating bearish pressure as the 50-day moving average approaches the 200-day moving average. Despite a recent weekly increase, Ethereum remains below its 200-day SMA at $2,544, currently priced at $2,462.
On-Chain Fundamentals and Supply Dynamics: While technical indicators suggest weakening price momentum, Ethereum's on-chain fundamentals show strength with over 35 million ETH staked, reducing tradable supply. Investors are cautious as they monitor key resistance levels and the possibility of further price consolidation.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
