#ethdropsbelow2400usdt #ETHDropsBelow2400USDT IS ETHEREUM BROKEN, OR IS THE RIVER JUST ROUGH? Facts, not noise: → $ETH slipped below $2,400 twice this week. Thursday's low was near $2,325. → September CPI came in at 3.7% and PPI at 6.3%, both above forecast. → About $294M of ETH was liquidated in 24 hours, about 90% of it longs. → Spot ETH ETFs had outflows on Oct 14 ($129.5M) and Oct 15 ($60.2M). → Brent oil settled near $110, its highest since May. The chain: OIL + HOT INFLATION, Fed hike fear, higher yields, leverage flush, $ETH The network did not break. The price did. The boat is not broken. The river is rough. One mixed signal: Binance ETH reserves fell 430K since Aug 25, but exchange reserves overall rose 290K in three weeks. That does not give a clear answer. What I CAN do: Watch $2,350 as support and $2,500 as resistance. Keep my size small. Set my stop-loss before I enter. Keep leverage low before the Fed meeting on Oct 27 to 28. What I CANNOT do: Say that $2,325 was the bottom. Trust one liquidation number. Know when oil turns. Market view (snapshot, UTC 17 Oct about 04:00): $ETH about $2,420: Bearish $BTC about $81,500 to $82,200: Bearish Gold about $4,165: Bearish Oil (Brent) about $110: Bullish Silver about $57: Bearish When the river is rough, do you buy the dip with leverage, or wait for the water to calm? Follow me, Abdul S Crypto Research, for true voice. $BTC#ETHDropsBelow2400USDT #Ethereum #RiskManagement #DYOR