Market outlook: Cautiously bullish in the short term, but overall recovery remains uncertain.
$ETH
has rebounded slightly, gaining around 1.1% over the past 24 hours. However, ETH remains down approximately 1.6% over the past seven days and more than 50% below its August 2025 all-time high.
Key levels to watch
Support: Around $2,250
Resistance: Around $2,400–$2,450
Bullish scenario: Holding support and breaking resistance could strengthen recovery momentum.
Bearish scenario: Falling below $2,250 could expose ETH to further declines.
Conclusion: ETH is showing signs of a short-term bounce, but a sustained uptrend is not confirmed. Broader market sentiment and trading volume remain important factors to watch.
#ETHFalls16.1%InOctober
#BinanceProcesses$4.65BWithdrawals
$ETH
has rebounded slightly, gaining around 1.1% over the past 24 hours. However, ETH remains down approximately 1.6% over the past seven days and more than 50% below its August 2025 all-time high.
Key levels to watch
Support: Around $2,250
Resistance: Around $2,400–$2,450
Bullish scenario: Holding support and breaking resistance could strengthen recovery momentum.
Bearish scenario: Falling below $2,250 could expose ETH to further declines.
Conclusion: ETH is showing signs of a short-term bounce, but a sustained uptrend is not confirmed. Broader market sentiment and trading volume remain important factors to watch.
#ETHFalls16.1%InOctober
#BinanceProcesses$4.65BWithdrawals
