ETH Token Slides 3.48% as Market Volatility and Bearish Signals Drive Major Price Shift

In the last 24 hours, ETHUSDT declined by 3.48% on Binance, with the price dropping from 3214.87 to 3103.05. This price decrease is primarily attributed to increased market volatility, a bearish sentiment following the break of key support levels, and external pressures such as news of tariffs and market liquidations. Technical indicators, including a bearish MACD crossover and an RSI approaching oversold territory, reinforced the negative momentum. Ethereum’s market activity remained high, with Binance recording a 24-hour volume of 290,971.09 ETH (927.55 million USDT) and its market capitalization near $377.54 billion, while the overall trading volume across major exchanges saw a notable decrease compared to the previous day.