Ethereum Faces Selling Pressure as ETH Falls Below 50-Day SMA

Ethereum is facing mounting selling pressure after ETH slipped below its 50-day simple moving average, a technical threshold that traders broadly treat as a dynamic dividing line between short-term bullish and bearish momentum, while ETF outflow data adds institutional weight to the downturn. A break below the 50-day simple moving average signals that ETH’s average closing price over the past 50 trading sessions now sits above the spot price, a configuration that technical analysts interpret as the market failing to sustain prior momentum.