Decision record 2026-11-02: Ethereum

Shared by anonymous,

Ethereum (ETH): which plan does the data favour today: long, short or neither?

ShumiShumi

Data favours: SHORT

$ETH | long | 2179-2198 | 1817 | 2768 | 2/10

$ETH | short | 2306-2325 | 2557 | 1939 | 6/10

Exit: the plan ends on a daily close beyond its stop, when the trend turns against it, or on a reversal signal once it is 3% in profit. The target is not an exit.

Ethereum is falling. The biggest risk to the short plan is a price rise: its stop is 10.4% above the middle of its entry area.

Gate provided the ETH price used for the plans (2026-11-02 13:15 UTC). The trend is as of 2026-11-02; the levels use daily prices through 2026-11-01. Those levels are CoinGecko averages across exchanges, and an individual exchange’s daily high or low can differ by up to about 2%.

Data used
  • Coin data: BTC, ETH · 1d
  • Market regime and breadth
  • Funding rates
  • Sentiment: Ethereum
    • X/Twitter daily rollup · data 4 h 15 min old at answer time

Sentiment input older than 6 h counts as stale.