Ethereum Price Stalls at Critical Level as Momentum Flatlines

Ethereum's price is currently trading at $2,713, but despite its recent gain of 1.87%, momentum has flatlined.

The Moving Average Convergence Divergence (MACD) histogram has printed a dead-flat zero, indicating that buyers are hesitating to push the price higher.

Retail traders are overconfident, with a long position of 71% - a classic precondition for a liquidity sweep before any sustained move. Meanwhile, smart money is hedged, suggesting that they're not chasing the market.

The trend remains bullish, but momentum has gone cold. The Relative Strength Index (RSI) at 64.55 is elevated enough to suggest a mean-reversion flush to the mid-50s, which would require only a modest price decline.