ETHEREUM DROPS BELOW $1850. 💰Coin: Ethereum ( $ETH ) $1,847.29

Ethereum Technical Analysis Report

On Feb. 24, Ether’s price slipped below $2,600 and has since struggled to stage a meaningful recovery. The recent drop toward the $2,000 mark triggered the liquidation of over $918 million in leveraged long positions in ETH futures within just 15 days. A clear lack of institutional interest is evident in spot exchange-traded fund (ETF) flows, which recorded net withdrawals of $406 million over the past 10 trading days, with outflows occurring on…

ETHEREUM DROPS BELOW $1850. 💰Coin: Ethereum ( $ETH ) $1,847.29

ETHEREUM DROPS BELOW $1850. 💰Coin: Ethereum ( $ETH ) $1,847.29

Ethereum Plunges 10.2% in Biggest One-Day Drop Since March

Ethereum saw a sharp decline on Monday, dropping 10.2% to $1,832.33 by 15:01 (19:01 GMT) on the Investing.com Index, marking its steepest one-day loss since March 3. This downturn slashed Ethereums market cap to $223.14 billion, accounting for 11.71% of the total cryptocurrency market. The altcoin has struggled over the past week, falling 15.7% and trading between $1,821.95 and $2,319.82. Ethereums 24-hour trading volume hit $29.55 billion, repr…