Analysis: Concerns about whale escapes trigger market volatility, ETH falls in the short term and now fluctuates in the $2,500 range

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Cointime2025/06/01 13:48

By:Cointime

the price of ETH fell to $2500 in a short period of time but then rebounded, with trading volume significantly increasing around midnight, especially in the last hour, with over 48,000 ETH traded in two minutes, causing the price to fall below the support range of $2515-2520. On-chain data shows that around 385,000 ETH flowed into centralized exchanges such as Binance, sparking speculation in the market about possible selling by institutional investors. Currently, ETH price is fluctuating in the $2500 range, which is seen as a key psychological and technical support level. In addition, global trade tensions and the risk of U.S. tariffs have intensified market risk aversion sentiment, with the digital asset market beginning to move in sync with traditional markets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14