You see that ETH's weekly MACD is forming a bullish crossover now, according to analysts. I found it interesting because historically, the last three times this happened, the price rose significantly—130%, 74%, and 98% respectively. Of course, this is no guarantee of anything, but it's a signal worth keeping an eye on.

The MACD is one of those indicators that many people follow when they want to see a change in momentum. The thing is, even with these historical gains, we don't know how the market will behave this time—it's heavily dependent on what's happening in macroeconomics and the overall sentiment there. So, it's good to consider everything together, not just the chart.

Anyway, this kind of technical signal always catches traders' attention. It's worth watching how the MACD behaves in the coming days.