Ethereum drops 4 percent to $1,628 as market slides
🚨 Ethereum lost 4 percent in a day, falling to $1,628. 💥 Over $1.1 billion in positions were liquidated across the crypto market and $ETH faced major resistance at $1,700. 📊 Weak risk appetite and high leverage triggered sharp sell-offs this week.
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News Analysis
This analysis is for informational purposes only and does not constitute investment advice
Ethereum's price dropped 4% to $1,628, signaling a potential market decline. The drop is driven by liquidation of positions and a major resistance at $1,700, with weak risk appetite and high leverage contributing to the sell-off.