Markets· ★★· bearish·

ETHFI Drops 11.47% to $0.69 on Above-Average Volume

  • —ETHFI traded at $0.6915, down 11.47% daily and 6.83% from the prior close
  • —Volume hit $75.45 million, 15.16% above the 30-day average of $65.52 million
  • —Market cap near $667.59 million; up 21.21% over 30 days and 68.06% over 90 days
  • —RSI at 51.9 and a negative MACD histogram point to fading momentum, not oversold conditions
Why it matters: A double-digit drop on elevated volume without a clear catalyst suggests profit-taking after a strong run, with no confirmed reversal yet.
Source: DiarioBitcoin