Ether's $2,177 flush low sits just under the $2,200 line ahead of Nov. 3

Binance ETH/USDT last traded at 2,256.96 at 22:01 UTC on Oct. 31, after a selloff that reports say pushed ether as low as $2,177. That leaves the price a little above the $2,200 line, and the forecast leans toward a noon ET close above it on Tuesday, Nov. 3. The cushion is thin. Reports describe ETH falling from around $2,330 to $2,177 as derivatives traders took more than $350 million in liquidations, then trying to stabilize near $2,240. One report put the 24-hour range at $2,208.40 to $2,262.49, so the floor held in that window. The lean comes from where price sits now and the time left. The application's driftless model, which assumes no trend either way, gives a clear edge to a close above $2,200. It does not account for the pressure building around it. That pressure is real. Reports say U.S. spot Ether ETFs saw roughly $431.4 million in net outflows over five straight sessions ending Oct. 30. One report cited Glassnode as counting 23 straight ETF outflow sessions. A separate chart read has ETH well off its October peak near $2,800, with lower highs and lower lows, and treats $2,170 to $2,200 as the nearest support. Reports also point to wallets linked to the Binance hack holding an estimated 525,200 ETH, which has drawn investor attention. That is reported, not established here. The thing to watch is whether ETH reclaims $2,300, which one report says it needs to ease the pressure, or loses the $2,170 to $2,200 support zone.