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via BeInCrypto · By Ananda Banerjee

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

ETH

ETH/USDT

$1,772.70

+1.20%

$1,772.70

+1.20%

(24s)

24h Volume

$7,127,873,415.88

24h H/L

$1,780.33 / $1,731.99

Change: $48.34 (2.79%)

Long/Short

64.4%

Long: 64.4%Short: 35.6%

Funding Rate

+0.0052%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,773.75

▲ 1.64%

Volume (24h): -

Resistance Levels

Resistance 3$1,984.26

Resistance 2$1,872.17

Resistance 1$1,790.16

Price$1,773.75

Support 1$1,746.34

Support 2$1,698.36

Support 3$1,615.03

Pivot (PP):$1,763.92

Trend:Downtrend

RSI (14):55.3

Ananda Banerjee

(09:38 AM UTC)

1 min read

Reviewed byDavid Kim

1041 views

0 comments

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…

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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Ananda Banerjee · BeInCrypto

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