Ethereum is trading near $2,690 after multiple failed attempts to stay above $2,800, marking a critical point in its recovery. The key issue now is whether Ethereum can maintain its recent outperformance against Bitcoin, which gained only about 5% from June to mid-September compared to Ethereum's 25%. Strong institutional demand, especially through U.S. spot Ether ETFs like BlackRock's ETHA, continues to support Ethereum, with significant inflows even as Bitcoin ETFs see withdrawals. The $2,800 level remains a crucial test; if Ethereum can hold above it while Bitcoin fails to reach new highs, ETH could extend its lead. However, if Ethereum stalls and Bitcoin recovers, the summer rotation favoring Ethereum might lose momentum.
Ethereum's recent battle to hold above $2,800 echoes in its current trading on Pluang, where it stands at Rp47.597.977 with a 1-day loss of 2.20% as of Sep 28, 2026 15:12 WIB. Meanwhile, Bitcoin trades higher at Rp1.492.960.511 but also dipped 1.78% in the last day. Despite these declines, Ethereum's market cap is Rp5.814,03T, supported by a majority of buyers at 61%, suggesting ongoing investor interest amid the price fluctuations.
Short positions on Ether (ETH) increased dramatically by about 13,000% in two weeks, rising from just over 771 ETH to more than 101,000 ETH as the price approached a resistance zone between $2,722 and $2,822. Despite this, ETH only fell about 1.5% af...
Ethereum (ETH) is on track for its strongest September since 2016, up 7% this month. Despite a surge in short positions by 13,000%, whale accumulation and record staking activity suggest strong long-term demand. If ETH breaks above the $2,800 resista...
Ethereum is trading at $2,652, staying above its 50, 100, and 200-day exponential moving averages, signaling a generally positive technical outlook. Whale investors have accumulated over 320,000 ETH worth about $864 million in the past week, while sh...
Arthur Hayes predicts Ethereum's price could reach $5,000 within about a year, driven by Robinhood's decision to use Ethereum as the security layer for its new blockchain, Robinhood Chain. This move makes Ethereum more attractive for large financial ...
Binance Wallet has introduced the ability to pay blockchain gas fees using USDT on BNB Smart Chain, Ethereum, Solana, and TRON networks. This removes the previous requirement for users to hold each network's native gas token before making transaction...
