Ethereum Hit the Same Floor 4 Times.. So What Did I Do? #shorts
1 extracted signal · 0 resolved · 1 still active
Marzell CryptoIndependent analyst profile- Source published
- 13 Oct 2026, 10:15 UTC
- Recorded by Tahlil Plus
- 13 Oct 2026, 12:04 UTC
AI-generated source summary
Ethereum has shown resilience, bouncing off the 2406 support level multiple times since August. A significant liquidation event of $800 million occurred overnight, causing Ethereum to drop to 2409. However, a bounce to 2538 was observed, a 5.4% increase from a low just $3 above Thursday's level. This pattern suggests a bullish continuation from the 2406 floor. Separately, a whale sold 838 BTC for 27,500 ETH at an average price of 2534, indicating a bullish sentiment towards Ethereum. The analyst's own long position in ETH, entered at 2452, went underwater but was not sold. Adjustments were made by reducing leverage from 10x to 8x and moving the stop-loss to 2231. The take-profit remains at 3159, with an added position triggered on a daily close above 2586. The repeated bounces off 2406 and the recent price action suggest a strong support at this level, with potential for further upside towards the take-profit targets, provided the 2586 resistance is overcome.
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Marzell Crypto
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