Ethereum is cooling off after a strong September run, and it is now sitting at a key level. ETH trades at $2,455 after failing near $2,800 in late September.
Daily averages clustered near $0.09. Momentum readings were mixed, with no confirmed bullish Stochastic crossover.
Trader Tardigrade's Oct. 15 monthly chart marks $0.10 as the neckline of a possible inverse head-and-shoulders pattern, not a Dogecoin project target.
Ether's USD-margined long-account share fell 6.63 percentage points to 65.76%. Dogecoin's USD-margined long-position share climbed 5.99 points to 75.81%.
The token later traded near $0.0805 on Oct. 15. Bitwise had set Oct. 14 as BWOW's expected final trading day.
Dogecoin falls to $0.0801 on Thursday and loses 8.6 percent over the week, while Bitcoin gives up only 2.0 percent. What decides is the zone around $0.0789, where the price already stopped on 16 September.
Ether's USD-margined long-account share rose 6.59 percentage points to 72.39%, while Dogecoin's USD-margined long-position share fell 6.06 points to 69.82%.
DOGE was down 9.10% over seven days and traded near the bottom of its $0.08 to $0.09 24-hour range.
Open interest fell from about $652 million on Oct. 12 to $598 million the next day, then recovered to $609 million.
Funding is still in the green despite the fall.
Shiba Inu's daily turnover is 75.8 percent below its level a year ago, while market capitalisation is down only 53.0 percent. That gap explains why the price reacts harder than Bitcoin's, and it decides which order type makes sense.
Dogecoin trades at $0.084464 on Wednesday morning, 5.6 percent above the February 6 low that was tested on Tuesday for the first time in eight months. At the same time, addresses holding more than 100 million DOGE control only 69.74 percent of the supply, down from 70.02 percent on September 1.