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

ETH

ETH/USDT

$2,694.10

+1.36%

$2,694.10

+1.36%

(24s)

24h Volume

$12,483,966,842.00

24h H/L

$2,706.00 / $2,600.15

Change: $105.85 (4.07%)

Long/Short

59.9%

Long: 59.9%Short: 40.1%

Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,693.70

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,781.69

Resistance 1$2,703.03

Price$2,693.70

Support 1$2,677.49

Support 2$2,559.03

Support 3$2,335.60

Pivot (PP):$2,664.73

Trend:Uptrend

RSI (14):63.8

Decrypt Editorial

(08:52 PM UTC)

1 min read

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’…