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via BeInCrypto · By Ananda Banerjee

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

ETH

ETH/USDT

$2,751.28
-0.61%
24h Volume

$14,515,448,594.79

24h H/L

$2,777.55 / $2,715.91

Change: $61.64 (2.27%)

Long/Short
57.3%
Long: 57.3%Short: 42.7%
Funding Rate

+0.0053%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,757.51

-0.67%

Volume (24h): -

Resistance Levels
Resistance 3$3,143.74
Resistance 2$2,873.00
Resistance 1$2,805.71
Price$2,757.51
Support 1$2,742.41
Support 2$2,665.99
Support 3$2,544.06
Pivot (PP):$2,742.41
Trend:Uptrend
RSI (14):70.2
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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