币界网报道：Ethereum's price faces potential bearish pressure as a "death cross" technical pattern emerges on its daily chart, with the 50-day moving average crossing below the 200-day moving average. Analysts warn this could signal further downside for ETH, which has already dropped over 20% from its March peak amid broader crypto market weakness. However, some traders remain cautiously optimistic, noting Ethereum's strong fundamentals including its dominant position in decentralized finance (DeFi) and upcoming network upgrades. The cryptocurrency currently struggles to hold above $3,400, with key support levels at $3,200 and $3,000 being closely watched. Market observers suggest the death cross formation may not necessarily lead to immediate price collapse, as similar patterns in 2020 and 2021 were followed by eventual recoveries. Trading volume remains below average as investors await clearer market direction.