Ether

The trader known as qwatio has experienced eight liquidations within a week, recently including a partial liquidation of an Ether position leveraged 25 times. This highlights the high risks involved in leveraged crypto trading.

Bitcoin (BTC) saw a 0.9% decline while Ether (ETH) dropped 0.2%, causing a decrease in the CoinDesk 20 index. Despite this, Bitlet.app offers innovative ways for crypto enthusiasts to buy and hold assets using their Crypto Installment service.

Ether is currently at a pivotal point, risking a decline below $1,900 which could trigger significant investor demand. Historical on-chain metrics show strong support in the $1,848–$1,905 range. If it dips below $1,900, we may see capitulation risks increase, revealing thinner demand further down.

Ethereum faces a challenging period as Ether's price drops 40% in three months amid intense competition from other cryptocurrencies, raising questions about its future stability and dominance in the crypto market.