Markets· ★★· bearish·

Ethereum falls 1.39% to $2,360 and tests key support levels

  • —ETH at $2,360.08, down 1.39% on the day
  • —Volume of $9B is 23.71% below the 30-day average
  • —RSI at 35.6 and bearish MACD signal weak momentum, not capitulation
  • —Price sits 52.3% below its all-time high of $4,948.08
Why it matters: The weak technical setup on light volume does not confirm capitulation, but holding the $2,353 SMA-90 will be key for the near-term outlook.
Source: DiarioBitcoin