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

ETH

ETH/USDT

$2,439.49

-2.20%

$2,439.49

-2.20%

(24s)

24h Volume

$14,203,827,421.28

24h H/L

$2,526.64 / $2,405.97

Change: $120.67 (5.02%)

Long/Short

59.3%

Long: 59.3%Short: 40.7%

Funding Rate

+0.0023%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,438.64

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,590.35

Resistance 1$2,445.78

Price$2,438.64

Support 1$2,387.50

Support 2$2,260.73

Support 3$2,076.29

Pivot (PP):$2,461.27

Trend:Uptrend

RSI (14):69.7

Ananda Banerjee

(09:38 AM UTC)

1 min read

Reviewed byDavid Kim

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.