ETHUSDT Rebound From the 2315 Flush: Short-Covering, Not Support — Oct 15

Ethereum snapped back more than six percent off the fresh 2315 flush low, but Chaikin Money Flow is negative on every higher frame — the bounce is short-covering, not accumulation. Daily MACD and a 35.4 ADX confirm the downtrend while the weekly frame stays bullish, so we hold with a bearish lean and fade strength into 2471-2486, watching 2405, 2315 and 2554. #Ethereum #ETHUSDT #TechnicalAnalysis #CryptoTrading #MacroAnalysis #FederalReserve #EthereumPriceAnalysis #EthereumMarketAnalysis










