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via Cointelegraph · By Cointelegraph Staff

Ethereum Retail is in Mood to 'Buy the Dip' as ETH Price Slips Under $2K

ETH

ETH/USDT

$1,730.92

-0.51%

$1,730.92

-0.51%

(24s)

24h Volume

$9,889,994,490.76

24h H/L

$1,779.90 / $1,717.02

Change: $62.88 (3.66%)

Long/Short

73.8%

Long: 73.8%Short: 26.2%

Funding Rate

-0.0017%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,721.58

▼ -0.38%

Volume (24h): -

Resistance Levels

Resistance 3$1,818.68

Resistance 2$1,778.02

Resistance 1$1,732.01

Price$1,721.58

Support 1$1,711.93

Support 2$1,671.79

Support 3$1,613.95

Pivot (PP):$1,725.86

Trend:Downtrend

RSI (14):41.4

Cointelegraph Staff

(12:49 PM UTC)

1 min read

Updated bySarah Chen

516 views

0 comments

Ethereum's native token, Ether (ETH), slipped below $2,000 for the first time since March, but retail traders have not reacted with panic yet.

Key takeaways:

Ethereum retail data shows rising "buy the dip" sentiment, which may lead to more downside ahead.
Macro data, such as ETF net flows and whale behavior, show institutions are selling ETH.

Retail FOMO warns of further ETH price dips

As of Thursday…

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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Source

Cointelegraph Staff · Cointelegraph

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