Ethereum is down about 13% in October, while its average return for the month is 4.14%, threatening to end a streak of monthly gains. The price, near $2,330, has fallen 4.3% over one week and remains below the $2,400 threshold. Analysts expect a decline toward $2,200 and potentially a break below the psychologically important $2,000 level into the $1,850 to $1,920 support area, while others foresee a rebound above $3,000. Spot ETH ETFs recorded $220 million in outflows last week, indicating reduced institutional interest, and Arthur Hayes sold more than $15 million worth of ETH.
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