ETH plunges 1.24% in 15 minutes: Weak technical conditions combined with on-chain capital outflows triggers short-term selling pressure
From 14:30 to 14:45 UTC on May 26, 2026, ETH saw a sharp drop of 1.24% within 15 minutes. Its price fell from 2138.8 USDT to 2105.92 USDT, with a swing of 1.54%. Market sentiment is weak: the Fear & Greed Index is in the “Fear” range at 30, and volatility has notably increased. The main drivers behind this move are the weak technical setup and a rebound in on-chain capital outflows. Price has continued to trade below the 50-day moving average ($2250.80) and the 200-day moving average ($2532.09),
GateNews·05-26 14:48
