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

ETH

ETH/USDT

$1,657.07

+1.90%

$1,657.07

+1.90%

(24s)

24h Volume

$12,968,785,754.16

24h H/L

$1,667.96 / $1,603.44

Change: $64.52 (4.02%)

Long/Short

70.3%

Long: 70.3%Short: 29.7%

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,659.20

▲ 2.32%

Volume (24h): -

Resistance Levels

Resistance 3$1,870.30

Resistance 2$1,775.64

Resistance 1$1,710.96

Price$1,659.20

Support 1$1,650.60

Support 2$1,583.40

Support 3$1,505.68

Pivot (PP):$1,648.31

Trend:Downtrend

RSI (14):29.6

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.