Despite market turbulence, Ethereum exhibits resilience, with its network activity and technical indicators pointing toward a potential recovery phase in the coming weeks. While analysts remain divided on timing, several key signals suggest that the Ethereum ecosystem is stabilizing for an upside reversal in November. 💰 📈 Ethereum’s price action has stabilized above critical support levels, indicating a positive trend. This stabilization is further supported by a shift in buy/sell pressure dynamics, indicating accumulation. Key factors to consider include the strength of its network activity, including record-breaking daily active addresses on the Ethereum blockchain, exceeding 1.8 million. The growth in DeFi, NFT, and Layer 2 activity strengthens Ethereum’s position as the leading smart contract platform.