According to @CryptoCred, ETH is exhibiting a hidden bullish divergence as price forms higher lows while RSI shows lower lows, indicating underlying strength remains intact (source: @CryptoCred on Twitter, June 2024). The recent dip below $2,400 is considered a local bottom, with technical analysis suggesting a potential rally toward the $2,700-$2,800 range. Traders are monitoring these levels closely, as a breakout could trigger renewed bullish momentum in the Ethereum and broader altcoin markets. This technical setup is drawing increased attention amid ongoing volatility in the crypto market.

According to Crypto Rover, a bearish divergence has been identified on Bitcoin’s recent price action, signaling potential downward momentum in the near term (source: Twitter @rovercrc, May 11, 2025). Crypto Rover highlights that technical indicators such as the RSI are showing bearish divergence, which historically precedes price corrections. Traders are advised to monitor support levels closely and adjust risk management strategies, as such patterns often lead to increased volatility and potential short-term sell-offs in the crypto market.