weak buy
Ethereum Price Drops 4% Amid Market Volatility
The current price of 1 ETH stands at approximately 2620.81 USDT, reflecting a 4.03% decrease over the past 24 hours. The highest price recorded in this period was $2731.66, while the lowest was $2558. The 24-hour trading volume is about $366.1 million. There are significantly more buy orders (102.48) compared to sell orders (11.91), indicating strong buying interest despite the recent decline.
Source available for registered users Sign Up Free
AI Analysis
The recent 4.03% drop in ETH price could be a response to broader market volatility or specific news impacting investor sentiment. The high trading volume of over 366 million dollars signals active tr...
AI Recommendation
Given the current scenario, it would be prudent for traders looking to enter or add to their ETH positions to do so during dips, as the strong buying interest may support the price around current leve...
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.