ETHFI drops 5.8% and tests key support levels
- —ETHFI fell 5.8% from the open to $0.699, market cap at $675 million
- —Price holds above SMA-30 and SMA-50 but below short-term averages and VWAP
- —Daily volume of $61.05 million is 7.61% below the 30-day average
- —RSI at 52.8 with a bearish MACD histogram signals mixed momentum
Why it matters: If ether.fi's reported exit from the restaking narrative is confirmed, it would weaken growth expectations tied to that activity and force a reassessment of token demand.
Source: DiarioBitcoin