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Ethereum breaks year-long pattern with higher high, eyes $3,400 but daily momentum warns of pullback.

Technical Signals
24 Sep 2026
BeInCrypto
View Source
Neutral
Ethereum breaks year-long pattern with higher high, eyes $3,400 but daily momentum warns of pullback.

Ethereum (ETH) has printed its first higher high since its August 2025 peak, breaking a year-long pattern of lower highs. It surpassed the $2,438 resistance level, which has now turned into support, signaling a more bullish weekly structure. However, daily momentum indicators show bearish divergence with falling trading volume, suggesting a possible short-term pullback. A move above $2,920 could lead ETH toward $3,400, while dropping below $2,440 might push it down to the $1,950–$2,000 range.

As of Sep 25, 2026 06:32 WIB, Ethereum (ETH) trades at Rp48.183.123 on Pluang, showing a 1-day gain of 0.78%. The platform records a market cap of Rp5.878,18 trillion and a 24-hour trading volume of Rp248,15 trillion. Despite the recent bullish weekly structure noted in the news, Pluang data reveals a higher proportion of sell orders at 62%, with typical holders keeping ETH for about 106 days.

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