• bitcoinBitcoin (BTC) $ 82,957.00
  • ethereumEthereum (ETH) $ 1,793.40
  • tetherTether (USDT) $ 0.999564
  • xrpXRP (XRP) $ 2.10
  • bnbBNB (BNB) $ 589.07
  • solanaSolana (SOL) $ 119.36
  • usd-coinUSDC (USDC) $ 0.999860
  • dogecoinDogecoin (DOGE) $ 0.165245
  • cardanoCardano (ADA) $ 0.639159
  • tronTRON (TRX) $ 0.237760
  • staked-etherLido Staked Ether (STETH) $ 1,790.19
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 82,775.00
  • leo-tokenLEO Token (LEO) $ 9.08
  • the-open-networkToncoin (TON) $ 3.29
  • chainlinkChainlink (LINK) $ 12.65
  • usdsUSDS (USDS) $ 0.999959
  • wrapped-stethWrapped stETH (WSTETH) $ 2,142.20
  • stellarStellar (XLM) $ 0.249580
  • avalanche-2Avalanche (AVAX) $ 17.31
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • suiSui (SUI) $ 2.17
  • hedera-hashgraphHedera (HBAR) $ 0.158041
  • litecoinLitecoin (LTC) $ 81.74
  • mantra-daoMANTRA (OM) $ 6.24
  • polkadotPolkadot (DOT) $ 3.93
  • bitcoin-cashBitcoin Cash (BCH) $ 295.63
  • bitget-tokenBitget Token (BGB) $ 4.42
  • ethena-usdeEthena USDe (USDE) $ 0.999325
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998085
  • wethWETH (WETH) $ 1,793.62
  • pi-networkPi Network (PI) $ 0.638520
  • wrapped-eethWrapped eETH (WEETH) $ 1,904.37
  • whitebitWhiteBIT Coin (WBT) $ 28.00
  • moneroMonero (XMR) $ 214.75
  • hyperliquidHyperliquid (HYPE) $ 11.55
  • uniswapUniswap (UNI) $ 5.87
  • okbOKB (OKB) $ 54.45
  • daiDai (DAI) $ 0.999921
  • susdssUSDS (SUSDS) $ 1.05
  • pepePepe (PEPE) $ 0.000007
  • aptosAptos (APT) $ 4.79
  • nearNEAR Protocol (NEAR) $ 2.41
  • gatechain-tokenGate (GT) $ 22.40
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 82,928.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 32.31
  • ondo-financeOndo (ONDO) $ 0.794485
  • crypto-com-chainCronos (CRO) $ 0.091178
  • mantleMantle (MNT) $ 0.739592
  • internet-computerInternet Computer (ICP) $ 5.02
  • ethereum-classicEthereum Classic (ETC) $ 15.83
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.16
  • aaveAave (AAVE) $ 148.30
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995168
  • cosmosCosmos Hub (ATOM) $ 4.75
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • vechainVeChain (VET) $ 0.021750
  • bittensorBittensor (TAO) $ 216.22
  • official-trumpOfficial Trump (TRUMP) $ 9.03
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 82,667.00
  • fasttokenFasttoken (FTN) $ 4.03
  • ethenaEthena (ENA) $ 0.311649
  • filecoinFilecoin (FIL) $ 2.65
  • kaspaKaspa (KAS) $ 0.063634
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.185343
  • render-tokenRender (RENDER) $ 3.07
  • algorandAlgorand (ALGO) $ 0.180054
  • celestiaCelestia (TIA) $ 2.61
  • sonic-3Sonic (prev. FTM) (S) $ 0.480499
  • arbitrumArbitrum (ARB) $ 0.304111
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 82,739.00
  • kucoin-sharesKuCoin (KCS) $ 9.64
  • eosEOS (EOS) $ 0.748478
  • optimismOptimism (OP) $ 0.685478
  • makerMaker (MKR) $ 1,343.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.070023
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.422894
  • story-2Story (IP) $ 4.24
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,790.06
  • jupiter-exchange-solanaJupiter (JUP) $ 0.380918
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,863.03
  • nexoNEXO (NEXO) $ 1.02
  • usdt0USDT0 (USDT0) $ 0.999718
  • binance-staked-solBinance Staked SOL (BNSOL) $ 124.57
  • blockstackStacks (STX) $ 0.606263
  • movementMovement (MOVE) $ 0.373296
  • worldcoin-wldWorldcoin (WLD) $ 0.734628
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,029.72
  • dexeDeXe (DEXE) $ 14.95
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.998782
  • bonkBonk (BONK) $ 0.000011
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999221
  • usual-usdUsual USD (USD0) $ 0.997708
  • flare-networksFlare (FLR) $ 0.013084
  • injective-protocolInjective (INJ) $ 8.13
  • sei-networkSei (SEI) $ 0.161299
  • the-graphThe Graph (GRT) $ 0.081469
  • theta-tokenTheta Network (THETA) $ 0.767870
  • tether-goldTether Gold (XAUT) $ 3,051.25
  • immutable-xImmutable (IMX) $ 0.415743
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 82,322.00
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • lido-daoLido DAO (LDO) $ 0.813378
  • wbnbWrapped BNB (WBNB) $ 588.18
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,907.24
  • pax-goldPAX Gold (PAXG) $ 3,062.43
  • tezosTezos (XTZ) $ 0.648229
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 82,863.00
  • walrus-2Walrus (WAL) $ 0.514673
  • galaGALA (GALA) $ 0.014565
  • the-sandboxThe Sandbox (SAND) $ 0.258364
  • kaiaKaia (KAIA) $ 0.107419
  • curve-dao-tokenCurve DAO (CRV) $ 0.477024
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999771
  • bittorrentBitTorrent (BTT) $ 0.00000063
  • berachain-beraBerachain (BERA) $ 5.73
  • bitcoin-svBitcoin SV (BSV) $ 30.57
  • zcashZcash (ZEC) $ 37.72
  • iotaIOTA (IOTA) $ 0.163051
  • flowFlow (FLOW) $ 0.368729
  • msolMarinade Staked SOL (MSOL) $ 153.05
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,867.28
  • jito-governance-tokenJito (JTO) $ 1.75
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 0.999686
  • honey-3Honey (HONEY) $ 0.999978
  • flokiFLOKI (FLOKI) $ 0.000055
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.75
  • raydiumRaydium (RAY) $ 1.75
  • heliumHelium (HNT) $ 2.78
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 130.98
  • ethereum-name-serviceEthereum Name Service (ENS) $ 14.97
  • true-usdTrueUSD (TUSD) $ 0.998098
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999655
  • pendlePendle (PENDLE) $ 3.04
  • jasmycoinJasmyCoin (JASMY) $ 0.010079
  • pumpbtcpumpBTC (PUMPBTC) $ 81,583.00
  • fartcoinFartcoin (FARTCOIN) $ 0.469404
  • pyth-networkPyth Network (PYTH) $ 0.129455
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999666
  • dydx-chaindYdX (DYDX) $ 0.601624
  • beldexBeldex (BDX) $ 0.066917
  • resolv-usrResolv USR (USR) $ 0.999548
  • spx6900SPX6900 (SPX) $ 0.491964
  • decentralandDecentraland (MANA) $ 0.242016
  • infrared-beraInfrared Bera (IBERA) $ 5.78
  • grassGrass (GRASS) $ 1.66
  • kavaKava (KAVA) $ 0.404461
  • axie-infinityAxie Infinity (AXS) $ 2.71
  • telcoinTelcoin (TEL) $ 0.004715
  • coredaoorgCore (CORE) $ 0.428234
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,903.83
  • apenftAPENFT (NFT) $ 0.00000043
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.164786
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 82,897.00
  • clbtcclBTC (CLBTC) $ 83,123.00
  • conflux-tokenConflux (CFX) $ 0.081331
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • usdbUSDB (USDB) $ 0.998661
  • ousgOUSG (OUSG) $ 110.58
  • saros-financeSaros (SAROS) $ 0.153202
  • olympusOlympus (OHM) $ 24.58
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,793.75
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007180
  • starknetStarknet (STRK) $ 0.138035
  • roninRonin (RON) $ 0.641849
  • elrond-erd-2MultiversX (EGLD) $ 14.14
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,793.70
  • chilizChiliz (CHZ) $ 0.041134
  • compound-governance-tokenCompound (COMP) $ 43.40
  • super-oethSuper OETH (SUPEROETHB) $ 1,792.96
  • thorchainTHORChain (RUNE) $ 1.09
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • ecasheCash (XEC) $ 0.000019
  • dogwifcoindogwifhat (WIF) $ 0.378372
  • tbtctBTC (TBTC) $ 82,574.00
  • arweaveArweave (AR) $ 5.55
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,870.33
  • wormholeWormhole (W) $ 0.079890
  • neoNEO (NEO) $ 5.10
  • apecoinApeCoin (APE) $ 0.437962
  • fraxFrax (FRAX) $ 0.999280
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.534752
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • beam-2Beam (BEAM) $ 0.006455
  • plumePlume (PLUME) $ 0.167563
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.790919
  • matic-networkPolygon (MATIC) $ 0.185483
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 0.996457
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,806.31
  • solayerSolayer (LAYER) $ 1.53
  • axelarAxelar (AXL) $ 0.334731
  • layerzeroLayerZero (ZRO) $ 2.83
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000058
  • justJUST (JST) $ 0.031456
  • chain-2Onyxcoin (XCN) $ 0.009368
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,789.64
  • cheems-tokenCheems Token (CHEEMS) $ 0.000002
  • usddUSDD (USDD) $ 0.998498
  • amp-tokenAmp (AMP) $ 0.003606
  • gnosisGnosis (GNO) $ 115.44
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 82,445.00

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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