*Ethereum ($ETH )
- Latest: ∼$2,400 (-2.2%)*
*- Current Price:* $2,381 - $2,403
*- Day Range:* $2,360 Low / $2,481 High - sellers in control
*- Trend:* Bearish short-term. ETH is below all fast EMAs (20, 50), but holding above 200-day EMA near $2,318 5c952efa
*Key Levels:*
- *Support:* $2,318 - $2,350 = Critical floor. If daily close below $2,318, next $2,250
- *Resistance:* $2,500 is first repair, then $2,580 to turn bullish
- *RSI:* 46 falling to 38 - near oversold
*Why down?*
1. Wall Street sell-off spilled into crypto - BTC down 3.3% dragged ETH down 3.6%
2. Ether ETFs saw $1.08B outflow in October, largest in 2026
3. Short gamma - dealers hedging makes moves bigger 545833e0
*Short Outlook:* Expect volatile defense of $2,318. If holds, ETH can bounce to $2,500. If breaks, deeper correction.
#EarningsSeason #BinancePick #a16zCryptoPartnerAliYahyaToLeaveAndStartCompany #PolymarketFiresCMOMatthewModabber #ChinaSeeksToSeize61800BTC
- Latest: ∼$2,400 (-2.2%)*
*- Current Price:* $2,381 - $2,403
*- Day Range:* $2,360 Low / $2,481 High - sellers in control
*- Trend:* Bearish short-term. ETH is below all fast EMAs (20, 50), but holding above 200-day EMA near $2,318 5c952efa
*Key Levels:*
- *Support:* $2,318 - $2,350 = Critical floor. If daily close below $2,318, next $2,250
- *Resistance:* $2,500 is first repair, then $2,580 to turn bullish
- *RSI:* 46 falling to 38 - near oversold
*Why down?*
1. Wall Street sell-off spilled into crypto - BTC down 3.3% dragged ETH down 3.6%
2. Ether ETFs saw $1.08B outflow in October, largest in 2026
3. Short gamma - dealers hedging makes moves bigger 545833e0
*Short Outlook:* Expect volatile defense of $2,318. If holds, ETH can bounce to $2,500. If breaks, deeper correction.
#EarningsSeason #BinancePick #a16zCryptoPartnerAliYahyaToLeaveAndStartCompany #PolymarketFiresCMOMatthewModabber #ChinaSeeksToSeize61800BTC