Ethereum (ETH) Price: Tom Lee Says South Korea Stock Crash Could Cause “Short-Term Pain”
Photo: CoinCentral
TLDR Ethereum (ETH) trades near $2,510 after bouncing back from an Asian stock market selloff. Over $700 million was liquidated in 24 hours, with ETH futures making up nearly $170 million. ETH open interest fell to 12.26 million ETH, its lowest since February. US spot ETH ETFs have seen ten straight days of outflows, including $85.4 million on Monday. ETH faces resistance at $2,548, with support at $2,413. Ethereum (ETH) bounced back above $2,500 on Tuesday after a sharp selloff in Asian stocks briefly spilled into crypto. ETH was trading at about $2,510 at the time of writing.
Source: CoinCentral
