Onchain as well as from a technical standpoint, the Ondo price action has a bearish bias.
Examining whether Ondo’s rejection at $0.47 opens door to $0.26
![Ethereum [ETH]](https://novaastrax.com/wp-content/uploads/2026/05/Decoding-Ethereums-157mln-dormant-whale-move-after-9-years-238x178.jpg "Decoding Ethereum’s 157mln dormant whale move after 9 years")
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Onchain as well as from a technical standpoint, the Ondo price action has a bearish bias.