ETH Realized Profits Hit a 3-Week High as RSI Flatlines in The Dip

11 hours ago 4

Rommie Analytics

Key Takeaways

  • ETH at $2,257, below all three hourly SMAs, SMA200 at $2,311.
  • RSI at 45.52, signal at 45.31: spread of 0.21 points, momentum flat.
  • Network realized profits hit $74.58M: 3-week high during a 5.5% decline.
  • Binance CVD fell from $4.03B to $1.9B: more than 50% drop since May 6.
  • OI rising from $2.6B to $2.8B while CVD falls: leverage without buyers.

What the hourly chart shows about where momentum has gone

The ETH/USDT 1-hour chart shows Ethereum at $2,257 at the time of writing. Price sits below all three SMAs, with SMA50 closest overhead at $2,274, SMA100 at $2,302, and SMA200 at $2,311 forming a compressed resistance cluster above. All three are declining.

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