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Ethereum nears $2,800 resistance with strong ETF inflows and Citi raising 12-month target to $3,028

Market News
02 Oct 2026
Blockonomi
View Source
Bullish
Ethereum nears $2,800 resistance with strong ETF inflows and Citi raising 12-month target to $3,028

Ethereum is trading around $2,729, approaching a key resistance zone between $2,750 and $2,800 after rallying from $1,500 in June. U.S. spot Ethereum ETFs saw $690 million in net inflows in late September, signaling renewed institutional interest. Citi analysts upgraded their 12-month price forecast to $3,028, expecting a breakout above $2,800 to lead toward the $3,000 milestone. Upcoming network upgrades may further support Ethereum's price momentum.

Ethereum's market cap on Pluang stands at Rp5.949,73 trillion as of Oct 02, 2026 14:41 WIB, highlighting its significant size in the crypto space. The 24-hour trading volume is Rp282,06 trillion, with a majority of Pluang users (67%) currently buying ETH, indicating strong retail interest. Ethereum trades at Rp48.707.606 on Pluang, up 1.23% in the last day, showing positive momentum alongside the news of potential resistance breakout and network upgrades.

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