#AI Token Market Cap Rebounds#  Ethereum’s Critical Signals: $2,500 Pressure and ‘Death Cross’ Danger.

Ethereum is up 5% on the hour. The leading altcoin is currently trading at the critical psychological level of 2, and has gained 5% in the last 24 hours in parallel with the recovery in the general market. It supports short-term bullish expectations by trading above $500.
However, important technical and on-chain signals suggest that upward momentum may be waning.
Technical Outlook Deteriorates in ETH: Bear Market Signals?
An evaluation of the ETH/USD one-day chart reveals the potential for a death cross on the Moving Average Convergence Divergence (MACD) indicator.
This bearish crossover occurs when an asset’s MACD line (blue) crosses below its signal line (orange), signaling a momentum shift from bullish to bearish. Such a pattern often precedes significant price declines, especially when accompanied by weakening positive sentiment.
ETH’s MACD line is about to cross below its signal line. If this happens, the death crossover will confirm increasing selling pressure and signal the start of an extended downtrend.
Additionally, ETH’s Taker Bid-Ask Ratio is below one, indicating continued sell-side dominance in the derivatives market.
This metric measures the ratio between buy and sell volumes in ETH’s futures market. A value above 1 indicates that more traders are aggressively buying ETH contracts, while values ​​below 1 indicate dominant sell pressure.
The continued dominance of taker-ask volume suggests that despite the price increase, underlying demand in the ETH market remains weak.
Bearish Scenario for ETH.
ETH is trading at $2,528. With the underlying buying pressure decreasing, the leading altcoin risks a drop to the $2,424 support level.
If the bearish pressure strengthens at this level, ETH sellers could breach this support base and trigger further declines to $2,027.
However, if the bulls regain their dominance and new demand for ETH increases, its price could gain strength and rally towards $2,745.