Ethereum rally weakens as the TD Sequential flashes a bearish sell signal. ETH must reclaim $1,900 to strengthen short-term bullish momentum. Analysts warn another rejection could trigger a deeper price correction. Ethereum — ETH, has lost momentum after an impressive recovery from July lows. Buyers pushed the price close to $2,000 before resistance stopped further gains. Market sentiment has now shifted as technical indicators point toward growing weakness. Traders are watching several key support levels while analysts debate the next major move. The coming sessions could determine whether Ethereum resumes the rally or enters another corrective phase before attempting fresh highs. https://twitter.com/i/status/2081953886190104661 TD Sequential Flashes a Warning as Momentum Weakens ETH climbed from around $1,520 in early July to nearly $1,980 last week. That recovery marked the strongest advance in several months. However, buying pressure has faded as price struggles below the important $2,000 resistance level. Market analyst Ali Martinez highlighted a fresh signal from the TD Sequential indicator. The same indicator identified a buying opportunity near July's low before Ethereum rallied sharply. Now, the tool has shifted to a sell signal, suggesting bullish momentum has started fading. The latest signal arrived after Ethereum failed to hold above $1,900. Repeated rejection around that area has weakened buyer confidence. Sellers have slowly regained control as upward momentum continues slowing. Technical indicators support that cautious outlook. Ethereum traded near $1,883 on the four hour chart after falling below the 20-period and 50-period Exponential Moving Averages. Those moving averages now sit around $1,905 and $1,900, creating immediate resistance for any recovery attempt. The 100-period Exponential Moving Average near $1,878 currently provides nearby support. A break below that level could expose the 200-period Exponential Moving Average around $1,845. Analysts See More Downside Risk Ahead Several market analysts expect another rejection before Ethereum regains strength. Crypto Lens believes Ethereum remains trapped between $1,860 and $1,955 as selling pressure limits further gains. According to that outlook, price could briefly revisit $2,000 before another decline begins. The projected downside target stretches between $1,400 and $900 if bearish momentum accelerates. Another analyst, Crypto Rover, focused on Ethereum's performance against Bitcoin. The ETH/BTC pair has continued forming lower highs and lower lows throughout the past year. Although the pair recovered from roughly 0.025 in June to around 0.03, broader weakness remains intact. Rover expects another rejection that could push the pair below 0.0235. Such a move would mark another multi-year low against Bitcoin. That outcome would also highlight Ethereum's continued struggle against the market leader. Derivatives data reflects growing caution among traders. Open interest declined from approximately $13.47 billion to $13.31 billion as Ethereum moved toward $1,880. Although activity recovered slightly later, traders remained reluctant to increase leveraged positions.