• bitcoinBitcoin (BTC) $ 108,269.00
  • ethereumEthereum (ETH) $ 2,549.84
  • tetherTether (USDT) $ 0.999979
  • xrpXRP (XRP) $ 2.26
  • bnbBNB (BNB) $ 659.72
  • solanaSolana (SOL) $ 149.01
  • usd-coinUSDC (USDC) $ 0.999900
  • tronTRON (TRX) $ 0.287079
  • dogecoinDogecoin (DOGE) $ 0.167635
  • staked-etherLido Staked Ether (STETH) $ 2,549.24
  • cardanoCardano (ADA) $ 0.574580
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,035.00
  • hyperliquidHyperliquid (HYPE) $ 37.71
  • wrapped-stethWrapped stETH (WSTETH) $ 3,090.44
  • bitcoin-cashBitcoin Cash (BCH) $ 497.07
  • suiSui (SUI) $ 2.86
  • chainlinkChainlink (LINK) $ 13.30
  • leo-tokenLEO Token (LEO) $ 9.06
  • stellarStellar (XLM) $ 0.248428
  • avalanche-2Avalanche (AVAX) $ 17.80
  • usdsUSDS (USDS) $ 0.999819
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,731.43
  • the-open-networkToncoin (TON) $ 2.75
  • wethWETH (WETH) $ 2,549.68
  • hedera-hashgraphHedera (HBAR) $ 0.156109
  • litecoinLitecoin (LTC) $ 86.47
  • whitebitWhiteBIT Coin (WBT) $ 45.03
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 314.12
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,321.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polkadotPolkadot (DOT) $ 3.34
  • bitget-tokenBitget Token (BGB) $ 4.29
  • uniswapUniswap (UNI) $ 7.41
  • aaveAave (AAVE) $ 280.39
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.457765
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.24
  • bittensorBittensor (TAO) $ 320.06
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.38
  • jito-staked-solJito Staked SOL (JITOSOL) $ 180.97
  • nearNEAR Protocol (NEAR) $ 2.13
  • internet-computerInternet Computer (ICP) $ 4.74
  • ethereum-classicEthereum Classic (ETC) $ 16.44
  • crypto-com-chainCronos (CRO) $ 0.080646
  • ondo-financeOndo (ONDO) $ 0.777250
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.074758
  • fasttokenFasttoken (FTN) $ 4.44
  • mantleMantle (MNT) $ 0.560635
  • gatechain-tokenGate (GT) $ 15.55
  • cosmosCosmos Hub (ATOM) $ 4.02
  • bonkBonk (BONK) $ 0.000023
  • vechainVeChain (VET) $ 0.020311
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.664404
  • official-trumpOfficial Trump (TRUMP) $ 8.47
  • skySky (SKY) $ 0.078658
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.185512
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 107,775.00
  • render-tokenRender (RENDER) $ 3.13
  • arbitrumArbitrum (ARB) $ 0.326581
  • ethenaEthena (ENA) $ 0.254242
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,550.88
  • filecoinFilecoin (FIL) $ 2.25
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.48
  • algorandAlgorand (ALGO) $ 0.173786
  • worldcoin-wldWorldcoin (WLD) $ 0.860826
  • usdtbUSDtb (USDTB) $ 0.999903
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998344
  • kucoin-sharesKuCoin (KCS) $ 11.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 158.34
  • sei-networkSei (SEI) $ 0.249184
  • usdt0USDT0 (USDT0) $ 0.999816
  • jupiter-exchange-solanaJupiter (JUP) $ 0.428601
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.70
  • nexoNEXO (NEXO) $ 1.22
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,672.46
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,904.65
  • spx6900SPX6900 (SPX) $ 1.24
  • flare-networksFlare (FLR) $ 0.015931
  • celestiaCelestia (TIA) $ 1.55
  • fartcoinFartcoin (FARTCOIN) $ 1.08
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999847
  • xdce-crowd-saleXDC Network (XDC) $ 0.065180
  • injective-protocolInjective (INJ) $ 10.31
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.642445
  • sonic-3Sonic (S) $ 0.304186
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,725.32
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,677.63
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.46
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015118
  • optimismOptimism (OP) $ 0.533951
  • pax-goldPAX Gold (PAXG) $ 3,342.31
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,119.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,074.00
  • story-2Story (IP) $ 3.13
  • paypal-usdPayPal USD (PYUSD) $ 0.999797
  • wbnbWrapped BNB (WBNB) $ 659.96
  • kaiaKaia (KAIA) $ 0.149202
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,689.71
  • clbtcclBTC (CLBTC) $ 109,014.00
  • dogwifcoindogwifhat (WIF) $ 0.840405
  • tether-goldTether Gold (XAUT) $ 3,334.54
  • flokiFLOKI (FLOKI) $ 0.000084
  • the-graphThe Graph (GRT) $ 0.082264
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 167.25
  • vaultaVaulta (A) $ 0.492544
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.24
  • immutable-xImmutable (IMX) $ 0.411776
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,754.91
  • msolMarinade Staked SOL (MSOL) $ 194.78
  • ousgOUSG (OUSG) $ 111.71
  • curve-dao-tokenCurve DAO (CRV) $ 0.507451
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • theta-tokenTheta Network (THETA) $ 0.678788
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998042
  • lido-daoLido DAO (LDO) $ 0.717807
  • jito-governance-tokenJito (JTO) $ 1.84
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.013904
  • zcashZcash (ZEC) $ 38.49
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.39
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • iotaIOTA (IOTA) $ 0.155268
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.76
  • saros-financeSaros (SAROS) $ 0.226945
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,876.00
  • the-sandboxThe Sandbox (SAND) $ 0.241117
  • usual-usdUsual USD (USD0) $ 0.997751
  • aerodrome-financeAerodrome Finance (AERO) $ 0.682522
  • jasmycoinJasmyCoin (JASMY) $ 0.011969
  • raydiumRaydium (RAY) $ 2.15
  • super-oethSuper OETH (SUPEROETH) $ 2,549.72
  • tbtctBTC (TBTC) $ 107,828.00
  • syrupMaple Finance (SYRUP) $ 0.523034
  • newton-projectAB (AB) $ 0.008394
  • pendlePendle (PENDLE) $ 3.37
  • walrus-2Walrus (WAL) $ 0.398140
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,726.69
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,550.55
  • tezosTezos (XTZ) $ 0.522196
  • pyth-networkPyth Network (PYTH) $ 0.094769
  • falcon-financeFalcon USD (USDF) $ 0.994486
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,683.32
  • flowFlow (FLOW) $ 0.323174
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,231.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,549.27
  • decentralandDecentraland (MANA) $ 0.261999
  • true-usdTrueUSD (TUSD) $ 0.997305
  • bitcoin-svBitcoin SV (BSV) $ 24.63
  • coredaoorgCore (CORE) $ 0.486098
  • ripple-usdRipple USD (RLUSD) $ 0.999808
  • venomVenom (VENOM) $ 0.230839
  • apecoinApeCoin (APE) $ 0.594525
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999900
  • chain-2Onyxcoin (XCN) $ 0.013658
  • thorchainTHORChain (RUNE) $ 1.32
  • dexeDeXe (DEXE) $ 7.75
  • beldexBeldex (BDX) $ 0.061386
  • apenftAPENFT (NFT) $ 0.00000044
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.167572
  • morphoMorpho (MORPHO) $ 1.34
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004282
  • kavaKava (KAVA) $ 0.395494
  • usddUSDD (USDD) $ 1.00
  • heliumHelium (HNT) $ 2.29
  • based-brettBrett (BRETT) $ 0.041981
  • staked-hypeStaked HYPE (STHYPE) $ 37.76
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.998966
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006884
  • starknetStarknet (STRK) $ 0.110753
  • stader-ethxStader ETHx (ETHX) $ 2,710.83
  • dydx-chaindYdX (DYDX) $ 0.515445
  • movementMovement (MOVE) $ 0.147192
  • compound-governance-tokenCompound (COMP) $ 40.60
  • neoNEO (NEO) $ 5.38
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • mog-coinMog Coin (MOG) $ 0.00000097
  • elrond-erd-2MultiversX (EGLD) $ 13.19
  • conflux-tokenConflux (CFX) $ 0.072367
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 107,937.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,547.65
  • ecasheCash (XEC) $ 0.000018
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999915
  • aioz-networkAIOZ Network (AIOZ) $ 0.302707
  • build-onBUILDon (B) $ 0.358510
  • deepDeepBook (DEEP) $ 0.141976
  • eosEOS (EOS) $ 0.492200
  • ether-fiEther.fi (ETHFI) $ 0.935607
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,813.16
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.12
  • axie-infinityAxie Infinity (AXS) $ 2.11

Will ETH Stabilize After a 20% Weekly Crash? Ethereum Price Analysis

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Will ETH Stabilize After a 20% Weekly Crash? Ethereum Price Analysis

Ethereum has been experiencing a wild crash over the last few days, breaking below several significant support levels. Investors are now wondering when this downtrend will end.

Technical Analysis

By Edris Derakhshi (TradingRage)

The Daily Chart

On the daily chart, the asset has been dropping rapidly since breaking below the 200-day moving average, located around the $2,900 mark.

The $2,700 and $2,350 levels are also broken to the downside, as the price is currently testing the $2,100 support zone. If this level also gets broken to the downside, a deeper decline toward the $1,750 level could be expected in the coming months.

Will ETH Stabilize After a 20% Weekly Crash? Ethereum Price Analysis

The 4-Hour Chart

Looking at the 4-hour chart, things are not looking good at all for ETH, as the asset has been making lower highs and lows consistently over the last couple of months.

Currently, the $2,100 support level is holding the price. A temporary recovery could be probable if ETH breaks above the $2,400 level. However, if the $2,100 area is also lost, a much worse drop would be likely for Ethereum.

Will ETH Stabilize After a 20% Weekly Crash? Ethereum Price Analysis

Sentiment Analysis

By Edris Derakhshi (TradingRage)

Open Interest

Many analysts and investors are blaming the futures market for Ethereum’s massive crash over the recent weeks. However, analyzing the open interest metric indicates this might not be the case this time.

This chart demonstrates the open interest metric, which measures the number of open futures contracts. As the chart suggests, while the price has experienced a significant drop, the open interest is not declining as it should be and is still lagging.

This indicates that the recent price action is not totally due to long liquidation cascades, and most of the selling pressure comes from the spot market. Also, it warns investors that things could get much worse in case a much bigger liquidation event occurs.

Will ETH Stabilize After a 20% Weekly Crash? Ethereum Price Analysis

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