Ethereum Price Analysis: Is $2.6K and $2.1K Next for ETH if Buyers Stay Quiet?
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Ethereum continues to bleed slowly below the $3,100 level as overall crypto sentiment remains weak. After breaking down from a local distribution range, ETH has been sliding, with lower highs and lows forming consistently. Despite short-term oversold signals, buyers are still hesitant, and open interest shows a cooling derivatives market with little fresh leverage entering.
Technical Analysis
By Shayan
In This News
Coins
$ 2.71K
-9.05%
$ 2.71K
-9.04%Share:
In This News
Coins
$ 2.71K
-9.05%$ 2.71K
-9.04%Share:
Read More
Ethereum Price Declines Again, Consolidates Below $3K After Latest Breakdown
Classic Bottom? ETH Hits $2.8K Realized Price as Whales Accumulate
Ethereum Price Analysis: Is $2.6K and $2.1K Next for ETH if Buyers Stay Quiet?
Share:
Ethereum continues to bleed slowly below the $3,100 level as overall crypto sentiment remains weak. After breaking down from a local distribution range, ETH has been sliding, with lower highs and lows forming consistently. Despite short-term oversold signals, buyers are still hesitant, and open interest shows a cooling derivatives market with little fresh leverage entering.
Technical Analysis
By Shayan
In This News
Coins
$ 2.71K
-9.05%$ 2.71K
-9.04%Share:
In This News
Coins
$ 2.71K
-9.05%$ 2.71K
-9.04%Share:
Read More
Ethereum Price Declines Again, Consolidates Below $3K After Latest Breakdown