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Ethereum Technical Analysis Report

Summary by zebpay.com
Ethereum dropped 4.3% on the day, sliding from $2,500 to $2,400 after a strong monthly performance. The sudden downturn led to $264.40 million in liquidations, with long positions accounting for $205.28 million, according to CoinGlass. This correction comes after a bullish month for the broader crypto market, buoyed by easing trade tensions — including trade deals between the U.S. and the U.K., and more recently, with China. Amid these developme…
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zebpay.com broke the news in on Tuesday, May 20, 2025.
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