Ethereum Price Drops 20% as Staking Queue Surges Past 2.1M ETH

WikiBit 2025-09-28 17:01

TLDR: Ethereum has dropped 20% in two weeks, testing the $3,800–$3,900 support zone. ETH RSI is at its lowest since April, when it rallied 134% within two

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Ethereum Price and RSI Signal

Ethereum has dropped 20% in two weeks$ETH RSI is in its most oversold territory since the April lows.

The last time $ETH was this oversold, it rallied 134% in two months.

It has bounced nicely off the $3,800-$3,900 level, which if it wants to remain bullish, must hold this trading

Staking Queue Hits 2.1 Million ETH

Ethereum staking queue. Remember to unstake Ethereum requires waiting in a queue for months. Here is the queue today. 2.15m $ETH waiting to exit 198k waiting to enter. See for yourselves->https://t.co/yk8vFmexTh

Beware of staking on older protocols like Ethereum and Cardano,

The post Ethereum Price Drops 20% as Staking Queue Surges Past 2.1M ETH appeared first on Blockonomi.

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