ETH - Short Latest Analysis | 21 Oct 2026 *Current Price:* ~ *$2,450 - $2,456* today. ETH bounced after hitting $2,392 low on Oct 18 47d0
$ETH *Key Levels:* - *Support:* $2,410 immediate zone, Strong support $2,379 (EMA100 + S1 pivot + Fib 0.382 confluence = 100/100 score). If break, $2,375 next - *Resistance:* $2,470 first, then $2,549 main (50-day MA + Bollinger middle = 89/100 resistance) - *Trend:* Recovery attempt. After $45.8M short squeeze yesterday, funding still long at 0.0066%, longs 67.7% vs shorts 32.3% b898
*What's happening:* - ETH -0.20% in last 24h, but +2.01% on Oct 20 - Down -13.3% this month (from $2,776 on Sep 21) and -59% YoY - Market cap ∼$298B, volume $11.6B today - Whole crypto market: BTC $82,959 +1.5%, ETH $2,447 +1.9% at close Oct 20 - Fed decision Oct 28 is the decider for next move 47d0b8b3
*Bull vs Bear:* - Bull: Hold above $2,410 > test $2,470 > $2,549. Break $2,549 opens $2,700+ - Bear: Break below $2,410 > retest $2,379 / $2,375