Orbit: Crypto Community Feed
$ETH Ethereum ETH Market Daily Report (10.23)
Today Ethereum $ETH
made a slight upward move, a minor issue, okay, still firmly bearish, below 2400 either this week or next week 🤓🤓🤓🤓
Current price: 2393 USDT, 24-hour decline about -2.24%, 24H range 2372 — 2448 USD, trading volume slightly shrank compared to yesterday
Technical Analysis
Short-term is in a weak consolidation range.
First resistance level: 2440
Second resistance level: 2480
Short-term support: 2360, strong support near 2320.
Daily RSI is low, bearish selling pressure remains, no clear stabilization signal for now, Bollinger Bands opening downward, price continues to run close to the lower band.
Funds and Contracts
ETH spot ETF has seen continuous net outflows recently, institutional funds tend to exit cautiously;
On the contract side, long and short positions are relatively balanced, no extreme one-sided liquidation, funding rate slightly negative, short-term speculative sentiment is cold, whales mainly engage in high sell and low buy within the range, no active pump actions.
News
The core theme still follows the Federal Reserve's rate cut expectations, a stronger dollar will continue to suppress crypto asset valuations.
Market Summary
Currently in a weak consolidation bottoming phase. Only by holding above 2440 is there a chance to recover and rebound;
#10月FOMC临近，美联储暂停加息还有哪些变数？
+221.80%
Snapshot at Oct 23, 2026, 13:01
No. 10 Top Trader by 30D PnL%
+1.31K
+159.43%Snapshot at Oct 23, 2026, 10:06
Keep some base positions and continue holding, should we short on the rebound?
+114.84
+393.54%Snapshot at Oct 23, 2026, 07:24
Focus on KORU with a target to earn 1,000,000u. New system experiment, do not follow.
Second order in October, currently holding 2 positions.
Order 1 stop loss long position entry price 11.03, stop loss price 10.8, loss -172.33, switched to short.
Order 2 stop loss short position entry price 11.04, stop loss price 11.94, loss -1467.72, switched to long.
Order 4 stop loss long position entry price 11.9, stop loss price 11.38, loss -531.22, switched to short.
Order 5, 1-hour level, holding KORU short position.
Entry price 11.37
My strategy has a low profit rate, do not follow. Overall it is profitable.
Can only send 4 pictures at a time, split into 2 posts.
Entry quantity 1405.97
Entry amount 16000
Pending take profit price 10.24
Target 1,000,000, currently -2171.27, unrealized profit/loss not included.
Suddenly feeling lost
Can $BTC really drop below 80,000?
Can $ETH fall below 2300?
Will the Fed raise rates before the end of the year?
I don't know any of these
I'm not at the top of the pyramid either
I can't predict the future
What I can do now is to execute every trade well
No regrets, once executed, it can't be undone
Controlling leverage positions is the most important
The market is ever-changing
#ETF单日流出超6亿美元，BTC价格能否企稳？
+40.1
+77.24%Snapshot at Oct 23, 2026, 13:02
Feels a bit dead, the two days of gains aren't enough to cover one day of losses, is this the start of a slaughter $BTC $ETH $SOL #10月FOMC临近，美联储暂停加息还有哪些变数？
-69.68
-106.33%Snapshot at Oct 23, 2026, 07:35
Bitcoin and Ethereum Discuss Support Levels Stabilizing and Rebounding
On October 23, Bitcoin halted its decline around $80,935, with the daily candlestick slightly rising by 0.22%. The 4-hour moving averages remain bullish, and the mid-term support has been tentatively confirmed. More importantly, the structural signal: $BTC closed above the daily Ichimoku cloud on Wednesday, and the technical path toward $87,000 remains intact. The divergence between short-term selling pressure and mid-term support is itself digesting panic.
$ETH has acted as support near $2,355 for eight days, closely aligned with the 100-day EMA. The RSI has dropped to 39, and the stochastic indicator to 26, indicating bearish dominance but approaching oversold conditions. Structural buying has appeared on-chain: exchange ETH reserves decreased by 170,000 coins within 48 hours to 14,882,000, while whale wallets continue accumulating, indicating supply contraction. However, ETH remains trapped within the daily Ichimoku cloud, sharply contrasting Bitcoin’s cloud breakout. The $2,400 level above has been repeatedly tested and lost, and the rebound’s sustainability is weaker than Bitcoin’s.
The Fear and Greed Index fell from 68 (“Greed”) to 50 (“Neutral”), signaling a cooling of sentiment, which in turn provides a buffer for the support levels’ effectiveness. Stabilization is the first step toward recovery. Bitcoin’s structure is superior, Ethereum’s defense is acceptable but breakout has not occurred, and a true rebound still requires daily closing prices to stand above their respective key pivots.
#10月FOMC临近，美联储暂停加息还有哪些变数？
+69.26
+1,383.19%Snapshot at Oct 23, 2026, 09:56