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via Decrypt · By Decrypt Editorial
Why Ethereum Could Tank Another 25% Before Finding a Bottom: Analysis
ETH
ETH/USDT
$1,740.37
-3.11%
$1,740.37
-3.11%
(24s)24h Volume
$12,910,786,813.03
24h H/L
$1,810.21 / $1,729.26
Change: $80.95 (4.68%)
Long/Short
73.1%
Long: 73.1%Short: 26.9%
Funding Rate
+0.0007%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(06:31 PM UTC)
1 min read
1196 views
0 commentsIn brief
- Ethereum dropped 8% today alone, crashing through the $2,000 psychological support zone and hitting an intraday low near $1,814.
- On Myriad, traders are now betting ETH reaches $1,500 before it bounces back to $3,000—a probability that surged nearly 25% in recent weeks.
- The charts back the bearish bet: RSI is in bear territory, the Squeeze Momentum Indicator just fired a bearish signal…
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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