Markets· ★★· bearish·

ETHFI drops 3.66% to $0.702 on below-average volume

  • —ETHFI trades at $0.702, down 3.66% on the day
  • —Price sits below VWAP and SMA-7/SMA-15 but above SMA-30
  • —Volume of $60.26 million is 11.23% below the 30-day average
  • —Ether.fi's planned stablecoin is not confirmed as the cause of the drop
Why it matters: The decline lacks volume confirmation or derivatives data pointing to capitulation, leaving the SMA-30 as the key level for the medium-term trend.
#ETHFI
Source: DiarioBitcoin
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