Price Prediction
Ethereum falls ~13% in October as analysts warn of further decline
Ethereum gained nearly 9% in September but has dropped about 13% in October, trading around $2,330. Analysts caution that the price could fall below the $2,000 psychological level, with a key support zone between $1,850 and $1,920. Recent data shows $220 million exiting spot ETH ETFs, and notable trader Arthur Hayes has sold a large amount of ETH. The combination of price weakness and reduced institutional demand fuels expectations of additional downside.