ETHFI Falls 5.06% on October 9, Testing Key Support Levels
- —ETHFI fell 5.06% to $0.6702 on $51.37M in volume
- —Volume came in 27.01% below the 30-day average
- —Price sits below SMA-7, SMA-15 and SMA-30, above SMA-50 and SMA-200
- —Market cap $647M; down 92.11% from the $8.49 all-time high
Why it matters: The drop came without volume expansion, so it does not confirm a breakdown — holders should wait for a reclaim of the $0.6919 VWAP on stronger activity.
Source: DiarioBitcoin