Ethereum Hits a Wall: Bearish Pressure Keeps ETH Capped Below Critical Resistance
Ethereum bulls are getting squeezed as ETH fails to break through key resistance levels—classic ’buy the rumor, sell the news’ behavior from traders who still think ’hodl’ is an investment strategy.
Technical indicators flash red as selling pressure mounts. Meanwhile, institutional money keeps playing patty-cake with Bitcoin ETFs instead.
Will the Merge 2.0 narrative be enough to flip the script? Don’t hold your breath—this market eats hype for breakfast and dumps it by lunch.