Ethereum ($ETH) is currently experiencing a significant decline, dropping from approximately $2,688.60 to around $2,538.41, a -3.37% plunge.

Current Analysis:

Support Level: Key support is at $2,537. If this level holds, a potential rebound toward $2,585-$2,640 could present a buying opportunity.

Downside Risks: Should this support break, further declines toward $2,500 or lower are likely.

Market Sentiment:

The rapid selling indicates strong bearish pressure, but any sign of recovery could trigger buybacks. Traders should stay vigilant, as volatility is expected in the current market conditions.#BTCSurges67K #EIGENonBinance #USStockEarningsSeason #BTCUptober #Write2Earn!