Ethereum (ETH) faces potential bearish pressure as technical charts reveal its first two-week death cross since the 2022 bear market. The pattern traditionally signals downward momentum and could drive prices toward the $1,835 support level. This technical development comes despite otherwise strong Ethereum network fundamentals.
Network activity remains robust, with Ethereum processing 1.45 million transactions on June 24 alone. Simultaneously, institutional investment has shown significant confidence, with Ether funds attracting $2.43 billion in inflows during 2025. Notably elevated trading volumes during recent price rallies further reflect sustained market conviction.
Analysts suggest this divergence creates a complex outlook: while technical indicators point to short-term downside risks, enhanced institutional participation and persistent network demand may stabilize the asset. A decisive break above key resistance levels could trigger bullish momentum, leveraging the contrast between strong adoption metrics and current chart patterns.