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Ethereum sentiment turns bullish despite 10% YTD drop, driven by US ETF inflows and regulatory clarity.

Analyst Insights
23 Sep 2026
Finbold
View Source
Bullish
Ethereum sentiment turns bullish despite 10% YTD drop, driven by US ETF inflows and regulatory clarity.

Ethereum's price has fallen over 10% year-to-date in 2026, yet analyst sentiment has shifted bullish since late July, with a strong buy consensus as of September 23. The price rallied over 33% in six months, reaching $2,660 recently, supported by more than $2.8 billion inflows into US spot ETFs and regulatory clarity in the US. Ethereum's leadership in tokenizing real-world assets and endorsements from prominent analysts have boosted confidence. This bullish outlook suggests potential buying opportunities despite recent price dips.

As of September 23, 2026, Ethereum trades at Rp47.492.625 on Pluang, showing a 3.34% decline in the last day. Despite this short-term drop, the platform records a balanced order activity with 56% of users buying and 44% selling. The typical hold time for Ethereum investors on Pluang is 106 days, indicating a medium-term investment horizon among users.

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