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via Cointelegraph · By Cointelegraph Staff
Ether Bears Take Control With Drop to $2K: What Will Stop ETH Price Crash?
ETH
ETH/USDT
$1,772.76
+0.40%
$1,772.76
+0.40%
(24s)24h Volume
$7,269,470,083.07
24h H/L
$1,808.00 / $1,748.79
Change: $59.21 (3.39%)
Long/Short
63.5%
Long: 63.5%Short: 36.5%
Funding Rate
+0.0036%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(03:36 PM UTC)
1 min read
716 views
0 commentsEther (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis.
Key takeaways:
- Ether drops 12% after rejection at $2,400 as bears regain control.
- Binance sell pressure and ETF outflows signal weak ETH demand.
- Analysts warn ETH/USD could fall toward $1,700 if support at $2,000 breaks.
ETH…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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