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Why is Ethereum (ETH) price down today?

4M ago
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Reducing open interest, long liquidations, and buyer exhaustion have resulted in lower Ether prices today, with $2,100 being flagged as a potential next bottom.

Key takeaways:

Ether’s price fell over 4% to $2,575 on May 15, mirroring similar downward moves across the wider cryptocurrency market.

Long liquidations and a drop in open interest facilitated ETH’s drop.

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4M ago
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bearish:

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