Ethereum

ETHUSD
The price is trading near $2,055 on April 3. It has managed to stay within the 8-hour ascending channel that has been guiding the price movement since the end of February.

This channel represents the only bullish structure that ETH has maintained since the sharp decline at the beginning of February. However, three critical signals beneath the surface draw attention: on-chain smart money indecision, a bearish divergence on the Relative Strength Index (RSI), and a whale pattern that has previously failed to prevent corrections. These developments cast a significant doubt on the future of the channel.