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Ethereum Price Analysis Points to Short-Term Downside Risk

Blocknomi Published 29.05.2026 12:40

TLDR: Ethereum has been forming lower highs since mid-May, with trading volume declining alongside price weakness. The Estimated Leverage Ratio sits near 0.74, showing heavy derivative positioning despite falling ETH…

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Market Prices

Bitcoin

Bitcoin

$63,470.86

BTC -5.26%

Ethereum

Ethereum

$1,773.28

ETH -5.38%

XRP

XRP

$1.17

XRP -4.90%

Solana

Solana

$69.61

SOL -7.30%

Cardano

Cardano

$0.19

ADA -11.07%

Stellar

Stellar

$0.21

XLM -9.34%

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