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Ethereum stalls near $2,700 as investors pull $207M from ETFs, eyeing a possible dip before a key upgrade.

Technical Signals
06 Oct 2026
FXEmpire
View Source
Neutral
Ethereum stalls near $2,700 as investors pull $207M from ETFs, eyeing a possible dip before a key upgrade.

Ethereum (ETH) has traded in a narrow range between $2,650 and $2,750 over the past week, showing little movement due to lack of strong catalysts. Investors have withdrawn $207 million from Ethereum-linked ETFs in the last five days, signaling profit-taking after ETH's recent rise from $2,400 to $2,800. This outflow raises the possibility of a price pullback to the $2,400–$2,500 range. However, optimism remains for a mid-term rally if ETH holds above $2,400, especially with the upcoming Glamsterdam upgrade expected in Q4, which could boost prices similarly to past upgrades that led to new highs. Key on-chain metrics like the MVRV ratio remain positive, supporting the bullish outlook despite recent consolidation.

Ethereum is currently priced at Rp48.034.668 on Pluang, showing a slight decline of 0.87% in the last day. As of Oct 07, 2026 02:23 WIB, the platform records a market cap of Rp5.880,96 trillion and a 24-hour trading volume of Rp180,5 trillion, with 75% of orders being sell orders.

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