ET

Ethereum

ETH 1 Hour Move
-1.06%
$2,375.18 → $2,349.94

Why Ethereum is down 1.1% in the last hour

Analysis

Ethereum (ETH) slipped ~1.1% over the past hour as traders reacted to signs of heightened liquidation stress and deleveraging pressures highlighted by AMBCrypto. At the same time, technical coverage from CryptoPotato noted ETH failing to reclaim a key resistance level, which can reinforce short-term selling when bulls are “locked out” below that zone.

Contributing Factors (3)

#1
AMBCrypto Liquidation 2 weeks ago

Ethereum enters FTX-era stress: Is this structural deleveraging?

Risk-off flows drive liquidations, negative Funding Rates, and structural market stress.

Confidence
78%
Read source
#2
Decrypt ETF Flows 3 weeks ago

Ethereum Founder Vitalik Buterin Made $70K Betting Against 'Crazy Mode' on Polymarket

The Ethereum founder claims his strategy of betting against extreme market sentiment "usually makes money" on Polymarket.

Confidence
74%
Read source
#3
CryptoPotato Price Analysis 2 weeks ago

ETH Bulls Locked Out Below This Critical Resistance: Ethereum Price Analysis

Ethereum remains under clear downside pressure after the recent impulsive sell-off, with the price now trading well below prior structural supports. The focus now shifts to how ETH reacts around major...

Confidence
73%
Read source

Move Details

Asset Ethereum
Symbol ETH
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $2,375.18
End Price $2,349.94
Change -1.06%
Detected Feb 2, 2026 5:45 PM

Explanation Confidence

76%

High confidence in the explanation based on source reliability and timing.