Why is Ethereum (ETH) price down today?


Key takeaways:Ether’s price fell over 4% to $2,575 on May 15, mirroring similar downward moves across the wider cryptocurrency market.Long liquidations and a drop in open interest facilitated ETH’s drop.“Overbought” RSI and technical resistance signal profit-taking.Ether (https://cointelegraph.com/ethereum-price
, Ether’s crypto market dominance has reached its most overheated levels since May 2021, which have historically preceded major pullbacks.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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