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H) Crashing Today? 📉
Hey everyone — if you’re watching your ETH bag like I am, you're probably wondering: what's going on? Despite some bullish signs and whale activity, Ethereum is still stuck in a bearish loop.
ETH Price: $1,799.01
Daily Change: -1.39%
This is actually the second drop in 24 hours, with ET$ETH H falling from around $1,840 to $1,785, recovering briefly, and then dropping again. At the time of writing, it's trading at about $1,803, with a 12% surge in trading volume ($10.52B), signaling high volatility.
So, what’s behind the crash?
Investors' interest is fading, and fear is creeping in across the market.
Massive liquidations — over $37.45 million in long positions got wiped out, according to Coingl$ETH ass.
Open interest is dropping, showing traders are force-closing positions after betting bullish and getting hit by the reversal.
Vitalik Buterin's recent comments on Layer-2 security have added to the uncertainty.
In short: bearish pressure is strong, and market confidence is shaky — but on the bright side, the long-term outlook still leans bullish.
Let’s see how this plays out.
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