• Ether rallied to a 5-session high earlier, hit 2380.54, sellers then emerged

• Ether fall towards the 10-DMA, neared flat on the session, was up only +0.25%

• Most gains were erased despite overall risk-on sentiment in the markets

• Lower USD & USD/CNH and gold, silver, stock gains didn't inspire Ether bulls

• A daily inverted hammer candle formed for Ether, is a bearish signal

• That signal reinforces bear signal from bear pennant on daily charts

• Ether's persistent consolidation of drop from the Jan. high adds to bear signs

• February monthly low is support, if breaks 2025 yearly low is in focus
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)