Ethereum (ETH) price trades near $2,055 on April 3, sitting inside an ascending channel on the 8-hour chart that has guided price action since February 24. The channel represents the only bullish structure ETH has maintained since the early February crash. However, three signals underneath the surface, smart money indecision, a bearish RSI divergence, and a whale pattern that historically failed to prevent corrections, suggest the channel’s survival is increasingly in doubt. Smart Money Mirrors a Pattern That Preceded a 43% Crash The Smart Money Index (SMI), an indicator that tracks informed investor behavior, is currently tied with its signal line on the 8-hour chart