May 29, 2026
Ethereum Price Analysis Points to Short-Term Downside Risk
Ethereumcrypto marketEstimated Leverage RatioETH Price AnalysisethereumEthereum BearishEthereum price predictionEthereum RSIFunding Rates
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 prices. Positive funding rates show long positions dominate, yet price fails to respond with any meaningful upside move. A weekly close below $1,850 could trigger [...]
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Source: Blockonomi →Related News
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