Ethereum (ETH) has fallen below the critical $2,500 level, a key pivot point that has historically influenced market sentiment. The decline is driven by weaker macro liquidity, reduced ETF inflows, and lower on-chain fee revenue, which have collectively softened demand. Traders are watching for daily closes to stabilize near this level, as a sustained rebound above $2,500 could lead to a move toward $3,000, while failure to hold may push prices down to $2,200 or lower. Long-term, Ethereum's value depends on its role in decentralized finance and tokenization, but risks from regulation and competition remain significant.
As of Oct 09, 2026 19:21 WIB, Ethereum (ETH) trades on Pluang at Rp44.658.410 with a 1-day change of -1.43%. Despite the recent dip below the $2,500 mark mentioned in the article, Pluang data shows a strong buy interest with 71% of order activity favoring purchases. The typical hold time on Pluang is 107 days, indicating a medium-term commitment among investors.
Ether (ETH) traded close to $2,500, with key accounts placing new limit orders worth about $123 million that remained open from the previous day into October 10. The price hovered around $2,492.90 during this period, indicating steady interest and po...
On October 10, futures data showed a significant drop in long-position shares for XRP and Bitcoin in coin-margined contracts, with XRP falling 13 percentage points to 65.97% and Bitcoin down 9.30 points to 65.41%. This decline suggests a more cautiou...
Coinbase Institutional reported that Ethereum gained 71% in Q3, marking a strong upward price momentum. Despite this rally, the share of Ethereum supply held at a profit stayed below the firm's warning threshold, indicating limited sell pressure from...
On October 9, an unidentified Ethereum trader faced a liquidation of 28,716 ETH valued at $69.69 million amid a market selloff. Despite this, the trader maintained a larger leveraged long position of 78,955 ETH worth approximately $195.57 million. Th...
Wallets linked to a $90 million Ledger distributor hack transferred 430.2 ETH (about $1.07 million) to Tornado Cash on Oct. 9, following Tether freezing related funds. The operators also swapped some USDT for USDD and moved part of the assets to a Bi...
