Ethereum

ETH 1 Hour Move

-1.61%

$2,939.81 → $2,892.48

Why Ethereum is down 1.6% in the last hour

Analysis

Ethereum (ETH) slipped 1.6% over the past hour as the market digested mixed macro and narrative headlines without an immediate bullish catalyst. While Decrypt reported Tom Lee’s BitMine made its biggest Ethereum buy yet in 2026, the move may have been treated as already priced in or insufficient to offset short-term selling pressure.

Contributing Factors (3)

Decrypt Macro 3 weeks ago

Tom Lee's BitMine Makes Biggest Ethereum Buy Yet in 2026

Publicly traded Ethereum treasury firm BitMine Immersion Technologies added to its stash with its largest ETH acquisition of the year so far.

Confidence

82%

Read source

Decrypt 3 weeks ago

Morning Minute: Ethereum Prepares for the Quantum Era

The Ethereum Foundation is starting to prepare one of the biggest risks facing the crypto industry: quantum computing.

Confidence

73%

Read source

Decrypt Macro 3 weeks ago

How SharpLink Aims to Be the Most 'Focused, Disciplined' Ethereum Treasury in 2026

Ethereum treasury firm SharpLink Gaming hopes to stand apart from the pack by focusing on the long-term—with shareholders top of mind.

Confidence

70%

Read source

Move Details

Asset Ethereum

Symbol ETH

Direction ↓ Bearish

Timeframe 1 Hour

Start Price $2,939.81

End Price $2,892.48

Change -1.61%

Detected Jan 26, 2026 4:20 PM

Explanation Confidence

77%

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

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