$ETH Ethereum’s price is in a bear market, down 60% from its all-time high, hitting $1,985. The Relative Strength Index (RSI) is nearing the oversold level, suggesting a potential rebound. Investor demand for ETH ETFs and futures has dropped, with spot ETFs losing $129 million and futures open interest falling to $23 billion. Meanwhile, Ethereum staking is at a record 30% of total supply, with over 4 million ETH queued for staking. Technical signals, including an inverted head-and-shoulders pattern and weakening downtrend momentum, indicate Ethereum may be approaching a bottom, with $2,500 as the next key level.$BTC $BNB

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ETH
ETH
1,954.71
-0.62%
BTC
BTC
66,571.47
-1.44%
BNB
BNB
608.61
-1.30%