On November 1, news emerged that cryptocurrency analyst Ali pointed out that the TD Sequential indicator on the Ethereum 4-hour chart has shown a buy signal, suggesting a possible rebound. The analyst emphasized that to maintain this bullish pattern, the ETH price needs to hold the support level at $2480. Note: TD Sequential is a technical analysis tool that predicts market trend reversal points by calculating the continuity of price changes, used to identify potential buying and selling opportunities.