1-8-2025 – Ethereum (ETH) has dipped below $3,700, trading at $3,692.16 USDT on Binance, reflecting a 2.95% decline over the past 24 hours, according to Binance Market Data. The drop marks a notable shift for the second-largest cryptocurrency by market cap, which has shown resilience amid recent market volatility.
Technical indicators suggest a bearish tilt, with Ethereum’s 200-day moving average trending downward since early 2025, indicating a weakened long-term outlook. The Relative Strength Index (RSI) hovers in neutral territory, hinting at potential for further price movement as market sentiment remains cautious. This decline follows a period of strong performance, with ETH surging over 50% in July 2025, driven by ETF inflows and increased Layer 2 activity.
