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Crypto markets deepen correction as Zcash and Ether near key support levels

Technical Signals
08 Oct 2026
Tokenpost
View Source
Bearish
Crypto markets deepen correction as Zcash and Ether near key support levels

Crypto markets experienced a deeper correction on October 9, with Zcash and Ether showing significant downside risks. Zcash traded around $1,190, close to a critical support level of $1,180, while Ether hovered near $2,525, just above its main support at $2,500. Shiba Inu and Hyperliquid also faced pressure but remained near key technical supports. These movements highlight ongoing market uncertainty without confirming a broader trend reversal or clear recovery timeline.

On Pluang as of Oct 09, 2026 10:32 WIB, Zcash shows a market cap of Rp7,04 trillion and a 1-day price drop of 6.74%, with all order activity on Pluang being sell orders. Shiba Inu holds a market cap of Rp56,05 trillion and trades at Rp0,0958 with a modest 1.41% decline. Hyperliquid's market cap stands at Rp384,01 trillion, with a 2.97% decrease in price and nearly balanced buy-sell order activity. These figures illustrate the ongoing selling pressure and cautious sentiment among traders on the platform.

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