#ETHFalls16.1%InOctober
๐ Ether Loses 16.1% in October, Ending a 3-Month Run
ETH closed October down 16.1%, snapping gains in July, August and September.
๐ Binance ETH/USDT: opened Oct near $2,686, closed near $2,256
๐ Month low: $2,174 ยท Month high: $2,777
๐ September was up 8.77% before the reversal
โ ๏ธ US spot ETH ETFs saw about $431M of net outflows in October's last 5 sessions
๐ History check: ETH rose in 6 of the 10 Octobers before this one
๐ Now near $2,290, up about 0.9% on the day
What it means for crypto: a red month after a strong summer looks like a reset, not proof of a trend. ETF flows turning positive again would be the clearer sign that demand is back.
Is November a rebound month for ETH, or more chop? ๐
$ETH
#CryptoNews #Ethereum #ETHFalls16.1%InOctober
๐ Ether Loses 16.1% in October, Ending a 3-Month Run
ETH closed October down 16.1%, snapping gains in July, August and September.
๐ Binance ETH/USDT: opened Oct near $2,686, closed near $2,256
๐ Month low: $2,174 ยท Month high: $2,777
๐ September was up 8.77% before the reversal
โ ๏ธ US spot ETH ETFs saw about $431M of net outflows in October's last 5 sessions
๐ History check: ETH rose in 6 of the 10 Octobers before this one
๐ Now near $2,290, up about 0.9% on the day
What it means for crypto: a red month after a strong summer looks like a reset, not proof of a trend. ETF flows turning positive again would be the clearer sign that demand is back.
Is November a rebound month for ETH, or more chop? ๐
$ETH
#CryptoNews #Ethereum #ETHFalls16.1%InOctober
