ETH drops sharply by 0.94% in 15 minutes: profit-taking by short-term holders and resistance-level pressure converge to trigger a pullback
From 20:15 to 20:30 (UTC) on June 2, 2026, ETH saw a rapid drop within 15 minutes, with a return of -0.94%. The price ranged from 1895.72 to 1914.85 USDT, with a 1.00% amplitude. Market volatility noticeably accelerated, and the short-term technical picture turned weak. The main driver behind this abnormal move is the continued selling pressure from short-term holders, resonating with stress around key technical resistance levels. Based on on-chain data, the ETH short-term holder cohort has cont
GateNews·06-02 20:33
