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Ethereum's weak demand risks stalling altcoin rally despite strong market interest in altcoins.

Technical Signals
04 Oct 2026
AMBCrypto
View Source
Bearish
Ethereum's weak demand risks stalling altcoin rally despite strong market interest in altcoins.

The altcoin market remains bullish with a strong rally in Q3 and the Altcoin Season Index recovering, signaling potential for further gains. However, Ethereum faces challenges as its price struggles to break resistance and ETF outflows indicate weak spot demand. Institutional capital is favoring Bitcoin over Ethereum, which could limit Ethereum's role in leading the next altcoin rally. If Ethereum's price falls, increased leverage could trigger a broader sell-off across altcoins, potentially halting the anticipated altcoin cycle.

Ethereum is trading at Rp48.277.345 with a slight gain of 0.52% on Pluang, showing steady interest despite the challenges mentioned. Bitcoin is priced at Rp1.522.216.803 with a 0.22% increase, maintaining strong institutional appeal. These figures are as of Oct 05, 2026 01:11 WIB.

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