Hot Topic TrackingWorth Watching

$ETH falls below $1800, hitting a 14-week low

Event Interpretation

ETH fell to $1750, hitting a 14-week low; Bitmine's floating losses reached nearly $9 billion, with negative sentiment being released in concentration.
Prediction platform Polymarket gives a 71% probability that ETH will fall to $1500, with short-selling expectations self-reinforcing.

Event Timeline

  • 20:33
    6/3
    Latest

    ETH touched a low of $1750, hitting a 14-week low

  • 12:00
    6/3

    Polymarket bets on ETH falling to $1500 probability rose to 71%

  • 06:00
    6/3

    Bitmine disclosed floating losses of nearly $9 billion on ETH holdings

Related Targets

ETHUSDT
ETHUSDT
$2,754.04
ETH0,00%
MC
2,12 Mld $
24h Volume
1,99 Mld $
AI AnalysisThe price hitting a 14-week low is the core of this event, and Bitmine's huge floating losses are also centered on ETH holdings
ARBUSDT
ARBUSDT
$0.2164
ARB-0,04%
MC
21,05 Mln $
24h Volume
23,05 Mln $
AI AnalysisOne of the first 8 chains connected to Mastercard's stablecoin settlement network; ETH's decline also dragged down L2 tokens
BTCUSDT
BTCUSDT
$86,432.9
BTC0,00%
MC
2,97 Mld $
24h Volume
3,3 Mld $
AI AnalysisOne of the chains connected to Mastercard's stablecoin settlement network, an L2 under Coinbase
DOGEUSDT
DOGEUSDT
$0.10005
DOGE+0,01%
MC
139,88 Mln $
24h Volume
187,81 Mln $
AI AnalysisBTC synchronously under pressure during ETH's decline; overall market risk appetite declined

The above content is AI-generated for reference only.