ETH's price may drop 15% or more in the coming days as it paints a convincing bearish reversal pattern on its daily chart. Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. In early April, the Foundation sold 5,000 ETH for roughly $11 million in DAI. This was followed by a larger 10,000 ETH OTC sale to Tom Lee’s Bitmine at an average price of $2,387, raising approximately $23.9 million. The sales are not ... (full story)