Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum price drops below $2,600 amid mixed prediction market outlooks for year-end targets.

Market News
08 Oct 2026
Bitcoin
View Source
Bearish
Ethereum price drops below $2,600 amid mixed prediction market outlooks for year-end targets.

Ethereum's price fell below $2,600 after six consecutive days of outflows from U.S. spot ether ETFs, signaling selling pressure. Prediction markets show divided sentiment: Myriad traders give a 73.7% chance of ETH hitting $3,000 before dropping to $1,500, Polymarket assigns a 49% chance of reaching $3,000 by year-end, and Kalshi forecasts a more modest year-end price near $2,720. Despite the recent selloff, traders remain uncertain but optimistic about Ethereum's potential recovery and price trajectory into 2027.

Ethereum trades at Rp45.783.784 on Pluang as of Oct 08, 2026 13:41 WIB, down 2.09% in the last day. Despite the recent price drop noted in the article, Pluang data shows a majority of traders (68%) are buying ETH, with a typical hold time of 107 days. This suggests ongoing interest in Ethereum even as prediction markets remain divided on its near-term price direction.

More News (ETH)

Ether nears $2,700 with key resistance and support levels in focus for next price move

Ether nears $2,700 with key resistance and support levels in focus for next price move

Ether (ETH) approached the $2,700 mark on October 7, with technical indicators suggesting a possible breakout above resistance or a pullback to support at the 20-day EMA around $2,656.14. The open interest in derivatives is significant at $33.27 bill...

Technical Signals
Neutral
11 hours ago
Ethereum researcher warns of potential ECDSA cryptography break within months, urges crypto holders to prepare.

Ethereum researcher warns of potential ECDSA cryptography break within months, urges crypto holders to prepare.

Ethereum researcher Justin Drake cautions that the cryptographic algorithm ECDSA, which secures standard externally owned accounts, could be broken within months due to advances in computing power. While current cryptography remains secure, a future ...

Market News
Neutral
12 hours ago
Ether (ETH) drops nearly 6%, risking $1.35B in leveraged long liquidations

Ether (ETH) drops nearly 6%, risking $1.35B in leveraged long liquidations

Ether (ETH) fell nearly 6% to around $2,500 on October 7, putting approximately $1.35 billion in leveraged long positions at risk of liquidation. This sharp decline increased pressure on traders betting on price gains, with over $221 million in long ...

Market News
Bearish
15 hours ago
Ether (ETH) price rises above $2,550, hitting $2,554 in spot trading on Oct 7.

Ether (ETH) price rises above $2,550, hitting $2,554 in spot trading on Oct 7.

Ether (ETH), the second-largest cryptocurrency by market value, climbed above the $2,550 mark to reach $2,554 in spot trading on October 7. This price movement occurred on Binance at 2:01 p.m. ET and represents a short-term upward break after a sligh...

Market News
Bullish
16 hours ago
Ether (ETH) price drops below $2,550 on Binance, signaling a downward move.

Ether (ETH) price drops below $2,550 on Binance, signaling a downward move.

Ether (ETH), the second-largest cryptocurrency by market capitalization, fell below the key price level of $2,550 on Binance's spot market, reaching $2,549 at 1:46 p.m. ET on October 7. This drop occurred within an hour, with ETH trading at $2,562 ju...

Market News
Bearish
16 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App