$ETH is up +6.08% from the Oct 14 low at $2,317.00, now trading at $2,457.94 If you had longed it at the Oct 14 10:00 PM ET low with $100k at 10x, you'd be up +$60,829 right now Why it moved Shorts got squeezed. When ETH ran from about $2,419 to $2,462 in a single hour, roughly $27.21 million in short positions were liquidated, CoinMarketCap's AI market desk noted at 11:04 PM ET on Oct 20. On KuCoin, ETH has held above $2,437 all night and printed $2,459.26 in the 4:00 AM ET hour. The bigger thesis The price is climbing while the funds bleed. US spot Ether ETFs have shed $1.08 billion so far in October, the biggest monthly outflow of 2026, wiping out September's $832 million of inflows, Cointelegraph reported at 4:11 AM ET on Oct 21. That is the setup I like: sellers are already out, leverage is reset, and any flip back to inflows hits thin supply. What I'm watching next Blockchain News flagged a dense wall of averages overhead, with the 20-day SMA at $2,520.70. Above: $2,477.89, the Oct 20 high, then about $2,496, the 20-day EMA, then $2,521.02, the Oct 14 high. Below: $2,437.00, the 2:00 AM ET low, then $2,377.18, the Oct 20 low, then about $2,357, the 200-day EMA, then the Oct 14 base at $2,317.00. My ETH levels land in the Telegram before the crowd notices. Join now and stop catching moves late. Still watching from the sidelines? Every move in this post was there for anyone looking early. Stop reading recaps after the pump. Join before it's too late: t.me/+Z3NwL0DSnmk0ZjI0