Ethereum’s native token, Ether, has printed its first “death cross” on its two-week chart since the 2022 bear market. The bearish crossover occurred as ETH’s 20-period exponential moving average (20-2W EMA; the red wave) slipped below its 50-period EMA (the blue wave). In mid-2022, a similar crossover preceded a 40% decline in Ether price. {chart} The lead-up to Ether’s death cross closely resembles the 2022 setup: a strong local top, followed by a multimonth consolidation phase, then a slow breakdown marked by lower highs. Additionally, in both past and present setups, Ethereum first closed below its 20-period EMA, ... (full story)