Ethereum
Why Ethereum is down 1.2% in the last hour
Analysis
Ethereum (ETH) slipped 1.2% over the past hour as traders reacted to a technical rejection at a key resistance level, reinforcing near-term selling pressure and keeping bulls “locked out” below that zone. While ING’s move to open German retail access to Bitcoin, Ethereum, and Solana ETPs is a supportive adoption headline, it didn’t translate into immediate upside during this short window.
Contributing Factors (2)
ING opens retail access to Bitcoin, Ethereum, Solana ETPs in Germany
Still, ING Deutschland noted that crypto ETPs carry significant risks and stated that crypto has no intrinsic value.
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...
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.