$ETH quietly won the overnight session—but it still has to turn relative strength into a real breakout.
Across eight completed hourly candles ending 03:00 UTC, ETH gained 0.29% while BTC fell 0.55% and SOL slipped 0.44%. At 07:00 Beirut time, ETH/USDT traded near $2,696 and was up roughly 1.0% over 24 hours.
Why it matters: relative strength can appear before price breaks higher, but one eight-hour window is only an early clue. $2,700 is the immediate test; holding above it would put the $2,738.51 daily high back in focus. A move below the $2,667.94 overnight low would erase the advantage and return ETH to the same weak range as the broader market.
The useful question this morning is not whether ETH outperformed—it did. It is whether buyers can defend that lead once liquidity returns.
Data: Binance Spot, 1 Oct 2026. Levels are observational, not a trade recommendation.
#ETH #CryptoMarkets
Across eight completed hourly candles ending 03:00 UTC, ETH gained 0.29% while BTC fell 0.55% and SOL slipped 0.44%. At 07:00 Beirut time, ETH/USDT traded near $2,696 and was up roughly 1.0% over 24 hours.
Why it matters: relative strength can appear before price breaks higher, but one eight-hour window is only an early clue. $2,700 is the immediate test; holding above it would put the $2,738.51 daily high back in focus. A move below the $2,667.94 overnight low would erase the advantage and return ETH to the same weak range as the broader market.
The useful question this morning is not whether ETH outperformed—it did. It is whether buyers can defend that lead once liquidity returns.
Data: Binance Spot, 1 Oct 2026. Levels are observational, not a trade recommendation.
#ETH #CryptoMarkets
