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Ethereum rebounds from $2.4K support amid low liquidity; may dip to $2.3K before rallying to $2.8K and beyond.

Market News
10 Oct 2026
FXEmpire
View Source
Neutral
Ethereum rebounds from $2.4K support amid low liquidity; may dip to $2.3K before rallying to $2.8K and beyond.

Ethereum (ETH) has bounced strongly off a key support level at $2,400 after a period of selling pressure and declining trading volumes, which have dropped by 58% to $5.2 billion, indicating reduced liquidity. Despite a recent $90 million hack of Ledger cold wallets, the market has shown resilience. Ethereum ETFs have seen nearly $700 million in net outflows over nine days, contributing to price pressure. Analysts suggest ETH might dip further to the $2,300-$2,370 range to find strong demand before resuming its upward trend toward $2,800, with a mid-term target of $3,400. Maintaining price above the 200-day EMA is critical to sustaining confidence in the ongoing bull market cycle.

As of Oct 11, 2026 00:51 WIB, Ethereum trades at Rp44.799.261 on Pluang with a modest 0.85% gain over the past day. The platform shows a strong buyer interest with 74% of order activity favoring buys. Typical holding time on Pluang is 107 days, indicating a relatively patient investor base amid the current price fluctuations.

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