ETH plunged 1.16% in 15 min: Overbought technical conditions and short-term profit-taking triggered a pullback
From 15:30 to 15:45 UTC on August 24, 2026, ETH plunged 1.16% in 15 minutes, with its price falling from 2,525.06 USDT to 2,489.03 USDT and its amplitude reaching 1.43%. Earlier that morning, ETH had briefly rebounded to $2,516.79, up 3.18% over 24 hours, but quickly reversed lower in the short term, with market volatility clearly intensifying. The main driver of this move was short-term profit-taking pressure following technically overbought conditions. ETH’s daily RSI has remained in overbough
ETH-1.26%
GateNews·08-24 15:58
