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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

$2,479.96

+1.12%

$2,479.96

+1.12%

(24s)

24h Volume

$4,505,332,104.77

24h H/L

$2,493.57 / $2,444.47

Change: $49.10 (2.01%)

Long/Short

59.8%

Long: 59.8%Short: 40.2%

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,484.40

▲ 1.16%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,639.52

Resistance 1$2,516.30

Price$2,484.40

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):64.2

Cointelegraph Staff

(12:49 PM UTC)

1 min read

Updated bySarah Chen

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…

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Cointelegraph Staff · Cointelegraph

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