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Why is Ethereum price falling today, October 29?

Why is Ethereum price falling today, October 29?
AI summary

Ethereum's price is sliding toward $2,300 as spot ETH ETFs have shed $170 million in outflows across three consecutive sessions. Traders are watching key support and resistance levels to gauge whether the decline extends or stabilizes. Sustained ETF outflows signal weakening institutional demand, a bearish backdrop for near-term ETH price action.

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