Ethereum Drops Below Trend Research Cost Line Amid Market Volatility

2026-01-24 12:33

Ethereum (ETH) has experienced a 9.89% decline over the past week, falling below the Trend Research cost line of approximately $3,104.36. This drop has resulted in an unrealized loss of $92.97 million. Despite the downturn, prominent investor E Lihua remains optimistic, continuing to buy ETH during dips and expressing confidence that ETH will eventually rise to $20,000. Additionally, E Lihua has heavily invested in WLFI, showing strong support for USD1. The last recorded ETH purchase by Trend Research was on January 21.

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