Crypto
Ethereum rebound raises questions as $1,000 drop risk resurfaces
Ethereum has rebounded about 23 percent after falling to $1,740 in early February, but doubts are growing over the rally’s durability. Chart patterns, on-chain indicators and volume analysis are seen as insufficient to confirm strong buying signals. RSI shows hidden bearish divergence and a bearish flag is forming on the 12-hour chart, with OBV failing to confirm gains. On-chain data suggest short-term traders are driving the rebound while long-term holders continue selling.
