2 hours ago
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Key Takeaways
- On-Chain Footprint: Six consecutive days of selling accelerated into one session.
- Historical Parallel: RSI at 14.47 has no precedent on this chart period.
- Macro Overlap: ETF outflows ran nine straight days before one inflow appeared.
- Systemic Milestone: ETH needs 33% recovery just to reach its nearest SMA.
ETH is trading at $1,647 at time of writing and the scale of price drops across different timeframes confirms us this is not a single-event shock but a sustained directional move that has been building pressure across multiple weeks before accelerating into today.
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