Macd

A key Ethereum indicator has turned bullish, a signal that previously preceded a 100% price surge. Analysts are now eyeing critical price levels, with some predicting a move towards $3,700 or even $3,900, as the supply of ETH on exchanges hits a historic low.

Bitcoin’s price has dropped over 5% in early December, triggering a rare bearish signal on the monthly MACD indicator. This signal has previously preceded major bear markets, raising concerns, though past performance doesn’t guarantee future results.