Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Ethereum falls below $2k, whales turn bearish with big short bets while retail buyers step in.

Market News
28 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

Ethereum dropped below the key $2,000 support level for the first time since March, hitting a low of $1,967 and sparking bearish moves among large holders. Several whales opened significant short positions, signaling growing pessimism, while retail investors bought the dip aggressively. Despite retail buying, the overall market momentum remains bearish with indicators suggesting further downside toward $1,700 before a potential rebound. Bulls need a daily close above $2,000 to shift the trend back upward.

More News (ETH)

USDT trading volume rises as stablecoin activity surges amid crypto market volatility

USDT trading volume rises as stablecoin activity surges amid crypto market volatility

USDT (Tether) trading volume has increased significantly across major cryptocurrency exchanges due to heightened volatility in Bitcoin and other altcoins. Traders are using USDT as a stable liquidity asset to manage risk and maintain market exposure ...

Market News
Neutral
4 hours ago
USDT inflows exceed $35M as traders shift from Bitcoin and altcoins amid market pullback

USDT inflows exceed $35M as traders shift from Bitcoin and altcoins amid market pullback

During a recent market downturn, traders moved over $35 million into the stablecoin Tether (USDT), signaling a defensive shift away from riskier assets like Bitcoin and major altcoins. This influx reflects increased market volatility and uncertainty,...

Market News
Neutral
4 hours ago
Ethereum falls below $2,000, raising fears of deeper drops amid unusual retail optimism.

Ethereum falls below $2,000, raising fears of deeper drops amid unusual retail optimism.

Ethereum's price has dropped below the key $2,000 level after weeks of weak recovery attempts, sparking concern among analysts about further declines. Retail traders are unusually optimistic, calling to "buy the dip," but experts warn this optimism m...

Technical Signals
Bearish
4 hours ago
Grayscale highlights Ethereum, Solana, BNB Chain, and Canton Network as top blockchain beneficiaries of new U.S. regulatory clarity.

Grayscale highlights Ethereum, Solana, BNB Chain, and Canton Network as top blockchain beneficiaries of new U.S. regulatory clarity.

Grayscale's new report identifies Ethereum, Solana, BNB Chain, and Canton Network as the primary blockchain networks set to benefit from the U.S. Clarity Act and SEC guidance, which aim to provide clearer rules for digital assets. This regulatory cla...

Market News
Bullish
5 hours ago
Ethereum falls below $2,000 as on-chain activity slows and technical indicators weaken.

Ethereum falls below $2,000 as on-chain activity slows and technical indicators weaken.

Ethereum's price dropped below the key $2,000 support level amid weakening on-chain activity and bearish technical signals. Exchange withdrawals hit their lowest since June 2024, indicating slower long-term accumulation, while failed transactions and...

Technical Signals
Bearish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App