ETH price falls below $3,100, losing 2.2% on the day.

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ETH has just dropped below $3,100, currently trading around $3,096.59/ ETH, down 2.15% on the day according to market data.

This move indicates short-term selling pressure as ETH slips past a key round price level, causing investors to focus on intraday volatility and market reaction around the $3,100 mark.

MAIN CONTENT
  • ETH has fallen below $3,100, currently trading at $3,096.59/ ETH.
  • Down 2.15% on the day according to market data.
  • The $3,100 mark has become a notable short-term price level to watch.

ETH falls below $3,100.

ETH has broken through the $3,100 mark and is currently trading at $3,096.59 per ETH.

According to market data, the current price indicates that ETH just experienced a significant drop during the session, bringing the price below the $3,100 mark. Losing this level typically draws more attention to subsequent developments, particularly any rebounds or continued declines around the broken price range.

At the time of recording, ETH was trading at $3,096.59/ ETH. This is below the $3,100 mark, so small price changes could quickly push ETH back above $3,100 or slide further, depending on buying and selling pressure throughout the day.

Daily decrease: 2.15%

ETH is down 2.15% on the day, reflecting a short-term weakening trend at the time of this update.

The 2.15% drop is a direct measure of ETH 's intraday volatility at the time of reporting. Combined with the drop below $3,100, the data underscores that the decline was not just a minor fluctuation but a significant enough swing to alter key price levels during the session.

The information currently only confirms a price of $3,096.59 USD/ ETH and a 2.15% decrease for the day. The underlying factors or broader context are not included in the quoted data, therefore further developments should be monitored through the next market update.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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