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via Decrypt · By Decrypt Editorial

Ethereum Traders Grow Increasingly Bearish as ETFs Bleed, ETH Sinks Near $2,000

ETH

ETH/USDT

$1,720.42

-0.82%

$1,720.42

-0.82%

(24s)

24h Volume

$9,450,220,908.05

24h H/L

$1,779.90 / $1,717.02

Change: $62.88 (3.66%)

Long/Short

74.3%

Long: 74.3%Short: 25.7%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,730.12

▲ 0.11%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,826.83

Resistance 1$1,760.57

Price$1,730.12

Support 1$1,710.03

Support 2$1,656.72

Support 3$1,614.36

Pivot (PP):$1,728.71

Trend:Downtrend

RSI (14):42.2

Decrypt Editorial

(08:52 PM UTC)

1 min read

Reviewed byJames Mitchell

1052 views

0 comments

In brief

Predictors on Myriad favor a "dump" as ETH's next price move, favoring a dip to $1,500 more than a jump to $3,000.
Odds have jumped 13% in the last week as ETH continues to slide, trading just above $2,000 on Wednesday.
Its recent fall has been catalyzed by nearly $500 million in ETF outflows over its 11-day losing streak.

Users on Myriad—a prediction market platform operated by Decrypt’…

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

Decrypt Editorial · Decrypt

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