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

ETH

ETH/USDT

$2,344.55

+3.84%

$2,344.55

+3.84%

(24s)

24h Volume

$24,379,161,439.19

24h H/L

$2,366.90 / $2,221.54

Change: $145.36 (6.54%)

Long/Short

55.3%

Long: 55.3%Short: 44.7%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,357.07

▲ 1.30%

Volume (24h): -

Resistance Levels

Resistance 3$2,592.09

Resistance 2$2,441.25

Resistance 1$2,396.86

Price$2,357.07

Support 1$2,316.97

Support 2$2,250.95

Support 3$2,127.28

Pivot (PP):$2,302.79

Trend:Uptrend

RSI (14):85.2

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’…