sell
Ethereum Price Dips Over 3% Amid High Selling Pressure
When assessing Ethereum's recent market performance, the price stands at approximately $2,636.61 USDT, reflecting a decrease of 3.26% over the last 24 hours. The highest trading price reached $2,744, while the lowest dipped to $2,558. Daily trading volume is notable at around $349.2 million. The number of buy orders significantly trails the sell orders, with 45.90 units versus 156.39 units, indicating potential selling pressure and market sentiment leaning towards bearishness in the short term.
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AI Analysis
The recent data on Ethereum (ETH) reveals a notable decline in price by 3.26% over the last 24 hours, suggesting a short-term bearish trend. The price fluctuated between a high of $2,744 and a low of ...
AI Recommendation
Considering the recent downward price movement and the higher sell order volume, investors should exercise caution. It may be prudent to wait for signs of stabilization or reversal, such as a decrease...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.