{"content":"🚨 Ethereum (ETH) sell-off meets late bounce; volume spikes, range tightens 🔍 Key highlights: $ETH slid from $3,880 to $3,731 (5.9% drop) on elevated volume ( 32% above the 7-day average). After the drop, it staged a rebound to $3,772, reclaiming $3,760, which had acted as resistance. Technical range now: Support $3,700–$3,720, resistance $3,840–$3,880. Macro headwinds: risk-off sentiment, a stronger USD (DXY 99.52), and comments from Federal Reserve Chair Jerome Powell that a December rate cut isn’t assured. 🧠 For crypto-savvy readers: This setup suggests consolidation rather than collapse for ETH. The price is confined within a defined band, and market participants remain cautious due to macroeconomic pressures. A decisive breakout above $3,880 or a breakdown below $3,700 will likely dictate the next leg. Until then, range-trading and keeping an eye on volume/macro signals are prudent.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/30/ef3ad20ec524753c45153d39a4317f7d.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}