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The post Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting? appeared on BitcoinEthereumNews.com. As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking Committee’s long-awaited markup session. The King of altcoins has been moving sideways between $2,200 and $2,400 over the past month, which some have called a “no-trade zone.” While many analysts suggest that a breakout above the upper boundary is coming, analyst Ali Martinez has warned that Ethereum may be close to a major correction.

As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits. Related Reading: DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, Developer Protections Ethereum Risks New Leg Down After Key Sell Signal On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking Committee’s long-awaited markup session. The King of altcoins has been moving sideways between $2,200 and $2,400 over the past month, which some have called a “no-trade zone.” While many analysts suggest that a breakout above the upper boundary is coming, analyst Ali Martinez has warned that Ethereum may be close to a major correction. In an X post, the mark