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Ether (ETH) drops nearly 3% amid technical resistance near $2,778, signaling cautious market sentiment.

Technical Signals
07 Oct 2026
Tokenpost
View Source
Bearish
Ether (ETH) drops nearly 3% amid technical resistance near $2,778, signaling cautious market sentiment.

Ether (ETH) traded down nearly 3% to around $2,617, facing strong resistance near $2,778 and support near $2,564. Technical indicators suggest weak short-term momentum, with sellers dominating and buyers hesitant. After gains in August and September, ETH needs to reclaim $2,800 to sustain bullish momentum. U.S. spot Ether ETFs saw significant outflows recently, adding to cautious market sentiment. Key levels to watch are a drop below $2,560 as a bearish sign and a break above $2,778-$2,800 as a potential path toward $3,000.

Ether is currently priced at Rp46.839.450 on Pluang, showing a 2.93% decline as of Oct 07, 2026 14:41 WIB. Market activity on the platform leans heavily toward selling, with 75% of orders being sell orders. The typical holding period for Ether investors on Pluang is 107 days, indicating a moderate-term investment horizon.

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