Ethereum retakes 10% market share, but ETH bulls shouldn't celebrate yet

Key takeaways:Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks. ETH/USD is showing a bearish divergence on the four-hour chart, hinting at a potential 10–15% price correction. Despite the near-term risks, some analysts view a pullback as a “buy-the-dip” setup before a possible move toward $3,500–$3,800. Ether (ETH) has surged over 50% month-to-date in May, vastly outperforming the broader crypto market’s 15 source: https://cointelegraph.com/news/ethereum-retakes-10-market-share-eth-bulls-shouldnt-celebrate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound