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Ethereum briefly rose above $2.5K but faces bearish pressure despite whale accumulation.

Technical Signals
22 Oct 2026
AMBCrypto
View Source
Neutral
Ethereum briefly rose above $2.5K but faces bearish pressure despite whale accumulation.

Ethereum climbed to $2,526 before pulling back below $2,500, trading around $2,435 with slight daily losses. Large holders, or whales, increased their Ethereum holdings and moved significant amounts off exchanges to staking and lending platforms, reducing immediate selling pressure. However, momentum indicators like RSI and directional indexes show bearish trends, suggesting sellers still dominate. If this continues, Ethereum might revisit $2,300, but strong whale demand could help it reclaim $2,500 and possibly reach $2,700 in the near term.

Ethereum trades at Rp43.421.794 on Pluang, down 1.47% in the last day, with buyers making up 68% of order activity. The market cap stands at Rp5.308,84 trillion, reflecting steady interest despite recent price dips. These figures are current as of Oct 22, 2026 17:21 WIB.

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