🔵 ETH MARKET UPDATE
🗓️ OCT 31, 2026
🕛 12:04 UAE (GST)
🤔 ETH $2,242 — Is a Recovery Coming?
📊 Market Signals
Daily trend: Bearish
4H momentum: Weak
1H/15M: Short-term recovery attempt
RSI (Daily): 29.99 — Near oversold
Funding Rate: -0.01063%
Open Interest: Declining notional value
🎯 Key Levels
🟢 Resistance: $2,261 / $2,277 / $2,321
🔴 Support: $2,206 / $2,173
MARKET BIAS: BEARISH
A relief bounce is possible, but ETH needs to reclaim $2,277–$2,321 to strengthen the recovery case.
⚠️ Don't chase the bounce. Wait for confirmation and protect your capital.
Recovery or another leg down? What's your view?
#BTC #BinanceSquare $BTC $ETH $ZEC
🗓️ OCT 31, 2026
🕛 12:04 UAE (GST)
🤔 ETH $2,242 — Is a Recovery Coming?
📊 Market Signals
Daily trend: Bearish
4H momentum: Weak
1H/15M: Short-term recovery attempt
RSI (Daily): 29.99 — Near oversold
Funding Rate: -0.01063%
Open Interest: Declining notional value
🎯 Key Levels
🟢 Resistance: $2,261 / $2,277 / $2,321
🔴 Support: $2,206 / $2,173
MARKET BIAS: BEARISH
A relief bounce is possible, but ETH needs to reclaim $2,277–$2,321 to strengthen the recovery case.
⚠️ Don't chase the bounce. Wait for confirmation and protect your capital.
Recovery or another leg down? What's your view?
#BTC #BinanceSquare $BTC $ETH $ZEC
