BREAKING
164d 23h ago

Greeks.Live: ETH Poised for Short-Term Correction While SOL Emerges as Opportunity

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

COINOTAG News (August 28) summarizes a daily market brief from Greeks.Live that notes a predominantly cautious stance across the crypto market. Market participants flagged BTC and ETH as exhibiting relative weakness and in need of a swift price breakout to *mitigate downside risk*, while spotlighting short-term opportunity in SOL. The brief characterizes the current environment as conducive to short-term rotational flows, indicating that ETH may undergo a near-term correction that could temporarily favor other tokens. Analysts cited by the report emphasize monitoring liquidity, momentum, and order-book structure for confirmation before initiating positions, and recommend disciplined risk management consistent with prevailing market signals.

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