#Ethereum #PriceAction
$ETH/$USDT 1D
Candle A closed below the prior swing reference at $USDT 2,650.88 on 07 Oct 2026 23:59 UTC. Its close was $USDT 2,574.14. That is the evidence for the CHoCH label under the disclosed swing rule.
The latest completed close is below that reference. A return across it would challenge a simple holding-break reading.
Confirmed swings require later candles. BOS is a same-direction close; CHoCH is a contrary close, not a confirmed reversal. FVGs and order blocks use the disclosed rule; candles do not reveal institutional intent.
$ETH/$USDT 1D
Candle A closed below the prior swing reference at $USDT 2,650.88 on 07 Oct 2026 23:59 UTC. Its close was $USDT 2,574.14. That is the evidence for the CHoCH label under the disclosed swing rule.
The latest completed close is below that reference. A return across it would challenge a simple holding-break reading.
Confirmed swings require later candles. BOS is a same-direction close; CHoCH is a contrary close, not a confirmed reversal. FVGs and order blocks use the disclosed rule; candles do not reveal institutional intent.