2026.10.1 ETH Market Update:
Brothers, happy National Day!
This ETH move has already played out in front: 2600 → 2700 → 2808 → pullback → moving sideways around 2700. For now, I’m still slightly bullish!
Even though the KDJ is rolling over from the high and the MACD is a bit weak, and short-term momentum has cooled, the price is still holding above the EMA20. I’m more inclined to treat this as consolidation in a high range rather than a trend reversal.
Right now, I’m focused on two levels:
2600 is the support I care about most. As long as it doesn’t break, the overall structure remains upward!
Above that, I’m watching 2807. If there’s a breakout with volume and it holds, then there’s more room to the upside: 2900 → 3000.
So my thinking is pretty straightforward: if 2600 doesn’t break, I’ll keep looking for longs; if 2807 breaks out, I’ll keep targeting the upside. Only if 2600
effectively breaks down will I start to prepare for a deeper pullback.
Brothers, happy National Day!
This ETH move has already played out in front: 2600 → 2700 → 2808 → pullback → moving sideways around 2700. For now, I’m still slightly bullish!
Even though the KDJ is rolling over from the high and the MACD is a bit weak, and short-term momentum has cooled, the price is still holding above the EMA20. I’m more inclined to treat this as consolidation in a high range rather than a trend reversal.
Right now, I’m focused on two levels:
2600 is the support I care about most. As long as it doesn’t break, the overall structure remains upward!
Above that, I’m watching 2807. If there’s a breakout with volume and it holds, then there’s more room to the upside: 2900 → 3000.
So my thinking is pretty straightforward: if 2600 doesn’t break, I’ll keep looking for longs; if 2807 breaks out, I’ll keep targeting the upside. Only if 2600
effectively breaks down will I start to prepare for a deeper pullback.