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via BeInCrypto · By Ananda Banerjee

Ethereum Price Slips 10% Behind Bitcoin as DeFi Engine Loses $43 Billion

ETH

ETH/USDT

$1,921.10
+2.51%
24h Volume

$9,606,368,011.37

24h H/L

$1,928.00 / $1,855.50

Change: $72.50 (3.91%)

Long/Short
59.3%
Long: 59.3%Short: 40.7%
Funding Rate

+0.0063%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,918.92

2.63%

Volume (24h): -

Resistance Levels
Resistance 3$2,063.38
Resistance 2$2,002.79
Resistance 1$1,952.83
Price$1,918.92
Support 1$1,918.72
Support 2$1,877.89
Support 3$1,831.59
Pivot (PP):$1,866.86
Trend:Sideways
RSI (14):56.7
AB
Ananda Banerjee
(09:38 AM UTC)
1 min read
DK
Reviewed byDavid Kim

Ethereum (ETH) price is stalling near $2,140 as a sharp DeFi erosion since January now matches a bearish chart structure carved out over the past seven weeks.

The lag against Bitcoin and a sliding holder cohort suggest the price weakness may be more than a routine pullback. The structure on the daily chart and the on-chain data tell the same story from different angles.

Ethereum Price…

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Source

Ananda Banerjee · BeInCrypto

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