EIGEN ANALYSIS

1. Current Market

QuotesSpot Market:Last Price: $3.45124h High: $3.54624h Low: $3.36824h Volume: 1,154,579.94 EIGENNet Capital Flow: -$2,966,457(Inflow: $16,269,313, Outflow: $19,235,770)Long/Short Ratio: 0.8: 1 (Long: 2,971,764, Short: 3,901,584)Contract Market:Last Price: $3.450724h High: $3.545324h Low: $3.366524h Volume: 10,307,881 EIGENOpen Interest: $10,023,012Funding Rate: 0.0001

2. Support and Resistance Levels

Support Price: $3.3777

Resistance Price: $3.4943

3 . Market SentimentFear & Greed Index: 70 (Greed)This indicates a bullish sentiment in the market, which could lead to upward price movements.ConclusionEigenLayer is currently experiencing a slight decline in price but remains in a relatively strong market position with a significant trading volume. The market sentiment is bullish, as indicated by the Fear & Greed Index. However, the capital outflow suggests some caution among investors.