Ethereum's $2,565 support faces key test after two-week range breakdown
- —ETH broke support at $2,625–$2,650 on heavy volume, bottoming at $2,535
- —BlackRock's ETHA saw $201.89M outflows on Oct. 6; IBIT drew $122M
- —Tom Lee said BitMine will halt open-market ETH purchases at a 5% supply cap
- —Holding $2,565 targets $2,625–$2,650; a break exposes $2,500 and $2,380
Why it matters: The $2,565 level decides whether ETH recovers or extends losses toward $2,380–$2,400, adding pressure across altcoins.
Source: AMBCrypto