Ted(@TedPillows):$ETH update: swept the lows, shorts paid for it. Ethereum tagged $2,315 today. That's the swing low and the top of the weekly bull market support band. Then it ran to $2,450. Up 3.6% from this morning. RSI bounced from 34 to 41. About $11.4M in shorts got liquidated on OKX, against $1.2M in longs. Retail long/short cooled from 2.36 to 2.08. On-chain still says cheap. MVRV is 1.06. ETF demand is the weak spot. Levels I'm watching: Resistance at $2,470–2,500, then $2,540–2,600 Support at $2,400, then $2,315, then $2,140 How I see it: Reclaim $2,500 and the short term turns around. Until then, it's a bounce inside a downtrend. A daily close below $2,315 opens $2,140.

2026.10.15 17:26

$ETH update: swept the lows, shorts paid for it. Ethereum tagged $2,315 today. That's the swing low and the top of the weekly bull market support band. Then it ran to $2,450. Up 3.6% from this morning. RSI bounced from 34 to 41. About $11.4M in shorts got liquidated on OKX, against $1.2M in longs. Retail long/short cooled from 2.36 to 2.08. On-chain still says cheap. MVRV is 1.06. ETF demand is the weak spot. Levels I'm watching: Resistance at $2,470–2,500, then $2,540–2,600 Support at $2,400, then $2,315, then $2,140 How I see it: Reclaim $2,500 and the short term turns around. Until then, it's a bounce inside a downtrend. A daily close below $2,315 opens $2,140.