Ethereum price prints ‘death cross’ after losing 13% versus Bitcoin from 2023 peak By Cointelegraph

‘s native token, Ether (ETH), has printed a death cross technical pattern versus (BTC) for the first time since May 2022, suggesting more pain ahead for in the coming weeks.

A death cross appears when an asset’s short-term 50-period moving average moves below its long-term 200-period moving average. Such a chart pattern was seen in December 2007, foahead of the global economic crisis.