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Ethereum holds above $2,600 with $3,400 target; futures dominate trading despite ETF outflows.

Market News
04 Oct 2026
Blockonomi
View Source
Bullish
Ethereum holds above $2,600 with $3,400 target; futures dominate trading despite ETF outflows.

Ethereum price remains above $2,600, targeting $3,400 as resistance holds near $2,750-$2,800. Binance futures trading volume vastly exceeds spot volume, indicating futures dominate market activity despite ETH's 73% gain since June. Analyst CryptoPatel forecasts a potential rise to $10,000-$15,000 in a future altseason, contingent on key resistance breaks and support levels. Meanwhile, U.S. spot Ethereum ETFs saw $118 million in outflows recently, and network upgrades like Glamsterdam are anticipated by late 2026, adding factors to Ethereum's outlook.

Ethereum's price resilience above $2,600 aligns with steady trading activity on Pluang, where ETH is priced at Rp48.093.843 with a 0.52% gain as of Oct 04, 2026 13:01 WIB. The platform shows a balanced order activity of 49% sell and 51% buy, reflecting cautious optimism among investors. Binance Coin also sees positive momentum, up 2.52% at Rp14.064.654, indicating broader interest in the Binance ecosystem during this period.

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Ethereum eyes $3,000 as $2,800 resistance holds ahead of Glamsterdam upgrade on testnet

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