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Ethereum drops 5.6% below $2,560, dragging Solana down as analysts watch key support levels.

Market News
07 Oct 2026
Blockonomi
View Source
Bearish
Ethereum drops 5.6% below $2,560, dragging Solana down as analysts watch key support levels.

Ethereum's price fell 5.60% in 24 hours to $2,558.66, breaking below its channel support and signaling potential further declines to $2,540 and $2,500. This drop is seen as leading the broader altcoin market downturn, with Solana following, currently trading at $115.85 after losing the $120 level. Analysts highlight $114 as a critical support for Solana, with a decisive break potentially pushing it to $110. Both cryptocurrencies show weakening buyer momentum, and Ethereum's reaction around $2,562 and $2,500 will likely set the tone for Solana's next move.

Ethereum's market cap stands at Rp5.607,75 trillion as of Oct 07, 2026 22:51 WIB, with a 24-hour volume of Rp362,4 trillion on Pluang. The platform shows a strong sell sentiment with 75% of orders selling Ethereum and a typical hold time of 107 days. Solana, meanwhile, has a market cap of Rp1.222,62 trillion and a 24-hour volume of Rp55,64 trillion, with a majority of buyers at 61% and a shorter average hold time of 70 days. These figures illustrate the current trading dynamics as Ethereum and Solana face downward pressure in the market.

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