Ethereum dropped to 2,174 on 30 October and found buyers almost exactly at the 200-day moving average (~2,159). The day closed at 2,246, leaving a long lower wick. Today it trades near 2,250. What the daily chart shows: • A clean series of lower highs since September: 2,807 (21 Sep) → 2,777 (2 Oct) → 2,527 (21 Oct). The dashed line connects them. • The October floor at 2,282-2,318 held for two weeks, then broke on 29 October. That zone is now overhead. • The 50-day MA (~2,522) is rolling over …
Summary
- What I'm watching: 1) Bulls need a daily close back above ~2,320 to reclaim the broken floor.
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