$ETH Holds $2,370 Zone as Market Cools 📉
$ETH trades around $2,360–2,380, down ~1.2–1.4% in 24h, tracking Bitcoin’s softer session. Spot ETH ETFs flipped to a small +$4.3M inflow on Oct 23 after recent outflows. An early ICO whale sold 1,000 ETH, and longs took most of the liquidations. Support near $2,350–2,360 is being tested on a quiet weekend.
$ETH is showing resilience despite the broader risk-off mood. The quick return to mild ETF inflows and solid on-chain activity suggest this is consolidation, not capitulation. If $2,350 holds, a rebound toward $2,450–2,500 looks possible once sentiment stabilizes post-Fed. Long-term bullish on Ethereum’s fundamentals. NFA.
#ETH #Ethereum #Crypto #EarningsSeason
$ETH trades around $2,360–2,380, down ~1.2–1.4% in 24h, tracking Bitcoin’s softer session. Spot ETH ETFs flipped to a small +$4.3M inflow on Oct 23 after recent outflows. An early ICO whale sold 1,000 ETH, and longs took most of the liquidations. Support near $2,350–2,360 is being tested on a quiet weekend.
$ETH is showing resilience despite the broader risk-off mood. The quick return to mild ETF inflows and solid on-chain activity suggest this is consolidation, not capitulation. If $2,350 holds, a rebound toward $2,450–2,500 looks possible once sentiment stabilizes post-Fed. Long-term bullish on Ethereum’s fundamentals. NFA.
#ETH #Ethereum #Crypto #EarningsSeason