Ethereum

Capitulation on $ETH.

A new cycle low for Ethereum as it has been trending downwards for more than 2.5 years.

Bullish divergence invalidated.

If this wants to become bullish, a reclaim of 0.041 is a must-start.

The prolonged downtrend in Ethereum is concerning, with bearish indicators outweighing bullish signals. Reclaiming the key level of 0.041 is crucial for a potential trend reversal. Traders and investors should closely monitor price action to assess the possibility of a bullish turnaround in the near future.