• bitcoinBitcoin (BTC) $ 108,885.00
  • ethereumEthereum (ETH) $ 2,551.06
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 661.72
  • solanaSolana (SOL) $ 151.94
  • usd-coinUSDC (USDC) $ 0.999870
  • tronTRON (TRX) $ 0.285716
  • dogecoinDogecoin (DOGE) $ 0.170707
  • staked-etherLido Staked Ether (STETH) $ 2,551.44
  • cardanoCardano (ADA) $ 0.585319
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,761.00
  • hyperliquidHyperliquid (HYPE) $ 39.69
  • wrapped-stethWrapped stETH (WSTETH) $ 3,076.92
  • suiSui (SUI) $ 2.91
  • bitcoin-cashBitcoin Cash (BCH) $ 497.49
  • chainlinkChainlink (LINK) $ 13.46
  • leo-tokenLEO Token (LEO) $ 9.03
  • avalanche-2Avalanche (AVAX) $ 18.24
  • stellarStellar (XLM) $ 0.247161
  • usdsUSDS (USDS) $ 0.999838
  • the-open-networkToncoin (TON) $ 2.83
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,735.47
  • hedera-hashgraphHedera (HBAR) $ 0.160099
  • wethWETH (WETH) $ 2,554.79
  • litecoinLitecoin (LTC) $ 87.82
  • whitebitWhiteBIT Coin (WBT) $ 45.02
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 319.57
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,786.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.42
  • polkadotPolkadot (DOT) $ 3.39
  • uniswapUniswap (UNI) $ 7.43
  • pepePepe (PEPE) $ 0.000010
  • aaveAave (AAVE) $ 278.69
  • daiDai (DAI) $ 0.999969
  • pi-networkPi Network (PI) $ 0.471102
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 328.28
  • okbOKB (OKB) $ 48.82
  • aptosAptos (APT) $ 4.47
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 184.50
  • nearNEAR Protocol (NEAR) $ 2.19
  • internet-computerInternet Computer (ICP) $ 4.85
  • ethereum-classicEthereum Classic (ETC) $ 16.68
  • crypto-com-chainCronos (CRO) $ 0.081382
  • ondo-financeOndo (ONDO) $ 0.798511
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 0.999960
  • kaspaKaspa (KAS) $ 0.077747
  • mantleMantle (MNT) $ 0.573467
  • fasttokenFasttoken (FTN) $ 4.44
  • cosmosCosmos Hub (ATOM) $ 4.09
  • gatechain-tokenGate (GT) $ 15.38
  • vechainVeChain (VET) $ 0.020858
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.686532
  • official-trumpOfficial Trump (TRUMP) $ 8.67
  • bonkBonk (BONK) $ 0.000022
  • render-tokenRender (RENDER) $ 3.24
  • skySky (SKY) $ 0.078308
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.184406
  • ethenaEthena (ENA) $ 0.261442
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,877.00
  • arbitrumArbitrum (ARB) $ 0.333971
  • filecoinFilecoin (FIL) $ 2.29
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,553.07
  • algorandAlgorand (ALGO) $ 0.177082
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • worldcoin-wldWorldcoin (WLD) $ 0.895064
  • sei-networkSei (SEI) $ 0.265787
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997842
  • usdtbUSDtb (USDTB) $ 0.999750
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.05
  • binance-staked-solBinance Staked SOL (BNSOL) $ 160.98
  • kucoin-sharesKuCoin (KCS) $ 11.05
  • usdt0USDT0 (USDT0) $ 0.999843
  • jupiter-exchange-solanaJupiter (JUP) $ 0.450477
  • nexoNEXO (NEXO) $ 1.23
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,677.43
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,909.55
  • fartcoinFartcoin (FARTCOIN) $ 1.20
  • spx6900SPX6900 (SPX) $ 1.28
  • flare-networksFlare (FLR) $ 0.016560
  • celestiaCelestia (TIA) $ 1.59
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999974
  • injective-protocolInjective (INJ) $ 10.71
  • xdce-crowd-saleXDC Network (XDC) $ 0.063360
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.56
  • blockstackStacks (STX) $ 0.661441
  • sonic-3Sonic (S) $ 0.311955
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015948
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999792
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,731.41
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,682.96
  • optimismOptimism (OP) $ 0.544423
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pax-goldPAX Gold (PAXG) $ 3,345.70
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,942.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,776.00
  • kaiaKaia (KAIA) $ 0.152312
  • dogwifcoindogwifhat (WIF) $ 0.887371
  • wbnbWrapped BNB (WBNB) $ 661.97
  • paypal-usdPayPal USD (PYUSD) $ 0.999696
  • story-2Story (IP) $ 3.03
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,684.68
  • clbtcclBTC (CLBTC) $ 109,515.00
  • the-graphThe Graph (GRT) $ 0.085190
  • tether-goldTether Gold (XAUT) $ 3,336.66
  • flokiFLOKI (FLOKI) $ 0.000084
  • immutable-xImmutable (IMX) $ 0.421998
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.27
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 170.33
  • vaultaVaulta (A) $ 0.484124
  • msolMarinade Staked SOL (MSOL) $ 198.58
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,758.23
  • ousgOUSG (OUSG) $ 111.69
  • theta-tokenTheta Network (THETA) $ 0.705248
  • curve-dao-tokenCurve DAO (CRV) $ 0.502673
  • jito-governance-tokenJito (JTO) $ 1.99
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.73
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997663
  • lido-daoLido DAO (LDO) $ 0.739568
  • galaGALA (GALA) $ 0.014253
  • zcashZcash (ZEC) $ 39.55
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.74
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.67
  • iotaIOTA (IOTA) $ 0.158901
  • aerodrome-financeAerodrome Finance (AERO) $ 0.710538
  • saros-financeSaros (SAROS) $ 0.229648
  • the-sandboxThe Sandbox (SAND) $ 0.246036
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • jasmycoinJasmyCoin (JASMY) $ 0.012330
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 108,330.00
  • syrupMaple Finance (SYRUP) $ 0.553223
  • raydiumRaydium (RAY) $ 2.19
  • usual-usdUsual USD (USD0) $ 0.997978
  • tbtctBTC (TBTC) $ 108,488.00
  • walrus-2Walrus (WAL) $ 0.414843
  • super-oethSuper OETH (SUPEROETH) $ 2,548.17
  • pyth-networkPyth Network (PYTH) $ 0.099341
  • pendlePendle (PENDLE) $ 3.40
  • tezosTezos (XTZ) $ 0.530276
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,549.15
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,727.99
  • falcon-financeFalcon USD (USDF) $ 0.999946
  • newton-projectAB (AB) $ 0.008109
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,675.83
  • flowFlow (FLOW) $ 0.327848
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,988.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,554.74
  • decentralandDecentraland (MANA) $ 0.265882
  • coredaoorgCore (CORE) $ 0.503730
  • staked-hypeStaked HYPE (STHYPE) $ 39.68
  • true-usdTrueUSD (TUSD) $ 0.999470
  • apecoinApeCoin (APE) $ 0.613186
  • venomVenom (VENOM) $ 0.233105
  • ripple-usdRipple USD (RLUSD) $ 0.999964
  • bitcoin-svBitcoin SV (BSV) $ 24.36
  • chain-2Onyxcoin (XCN) $ 0.013989
  • thorchainTHORChain (RUNE) $ 1.34
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999836
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004635
  • based-brettBrett (BRETT) $ 0.044490
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.170834
  • apenftAPENFT (NFT) $ 0.00000044
  • morphoMorpho (MORPHO) $ 1.39
  • dexeDeXe (DEXE) $ 7.57
  • beldexBeldex (BDX) $ 0.060440
  • kavaKava (KAVA) $ 0.395090
  • usddUSDD (USDD) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007236
  • heliumHelium (HNT) $ 2.25
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • starknetStarknet (STRK) $ 0.113783
  • usdbUSDB (USDB) $ 1.00
  • movementMovement (MOVE) $ 0.155234
  • mog-coinMog Coin (MOG) $ 0.000001
  • dydx-chaindYdX (DYDX) $ 0.526969
  • stader-ethxStader ETHx (ETHX) $ 2,718.60
  • compound-governance-tokenCompound (COMP) $ 41.39
  • neoNEO (NEO) $ 5.44
  • elrond-erd-2MultiversX (EGLD) $ 13.40
  • conflux-tokenConflux (CFX) $ 0.074477
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • kaitoKAITO (KAITO) $ 1.55
  • build-onBUILDon (B) $ 0.372063
  • aioz-networkAIOZ Network (AIOZ) $ 0.314215
  • ecasheCash (XEC) $ 0.000019
  • deepDeepBook (DEEP) $ 0.146814
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,550.03
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 108,769.00
  • axie-infinityAxie Infinity (AXS) $ 2.18
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.15
  • telcoinTelcoin (TEL) $ 0.003905
  • ether-fiEther.fi (ETHFI) $ 0.948890
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999964

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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