ETHFI drops 6.87% to $0.646, tests intraday support
- —ETHFI at $0.6457, down 6.87% from the prior close of $0.6722
- —Volume of $30.37 million is 48.48% below the 30-day average
- —RSI 44.9 and bearish MACD point to weak momentum without extreme oversold conditions
- —Support at $0.637 aligns with the intraday low and 38.2% Fibonacci retracement
Why it matters: The drop below short-term averages on thin volume does not confirm a reversal; holders should watch whether $0.637 holds.
Source: DiarioBitcoin