On October 22, the Ethereum slipped under $2,400 to $2,396, erasing earlier gains that had pushed them toward $85,000 and $2,500. These abrupt price movements led to widespread liquidations totaling $431 million across more than 100,000 traders, with long positions making up nearly 60% of the total. The market reversal was largely fueled by U.S. inflation data that exceeded <a s personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.
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