Markets· ★★· bearish·

Ether slips 1.38% to $2,332 as long liquidations weigh on market

  • —ETH at $2,332.38: down 1.38% from open, up 0.59% from prior close
  • —$117 million in longs liquidated in 24 hours, $39–54 million on ETH
  • —Volume of $8.4 billion is 26.83% below the 30-day average
  • —RSI at 34.5; price below SMA-7/30/50 but above SMA-200
Why it matters: Thin volume and forced unwinding of leveraged longs leave ETH exposed to further support tests without a confirmed reversal.
Source: DiarioBitcoin