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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

$2,691.45
+0.02%
24h Volume

$10,549,656,262.41

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short
60.3%
Long: 60.3%Short: 39.8%
Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,688.58

▼ -0.11%

Volume (24h): -

Resistance Levels
Resistance 3$3,143.74
Resistance 2$2,778.89
Resistance 1$2,700.65
Price$2,688.58
Support 1$2,681.00
Support 2$2,567.67
Support 3$2,314.75
Pivot (PP):$2,700.65
Trend:Uptrend
RSI (14):63.3
CS
Cointelegraph Staff
(12:49 PM UTC)
1 min read
SC
Updated bySarah Chen

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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Source

Cointelegraph Staff · Cointelegraph

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