Ethereum today is “relatively stronger but not truly strong”: price hovering around 2,713–2,720. Up 0.6% over 7 days, slightly outperforming BTC. ETH/BTC has reclaimed 0.0324. The Glamsterdam testnet on Sepolia offers some narrative, but spot trading volume is only 0.17–0.2x of the 20-day average—institutions haven’t really added.
Key levels:
• Support: 2,652 (Pivot S1) / 2,655 / 2,635
• Resistance: 2,720–2,765 (Pivot R1) / 2,789
• Structure: EMA20/50 are still below price; the weekly chart hasn’t broken. But on the 4H timeframe, 2,690–2,720 has turned into a moving-average battle zone.
• Crucial point: only if it reclaims 2,720 and volume returns should you look toward 2,765. If it can’t break through, it’s basically “BTC sets the direction, and ETH follows volatility.”
The trap with ETH is thinking “if ETH/USDT is rising, it must be a reversal.” The real signal is in ETH/BTC: if BTC is flat while ETH is relatively strong, that means funds are rotating. If BTC drops and ETH also drops but less, that’s merely resilience—not leadership. You can check the latest crypto market trends on BiyaPay, add ETH, BTC, SOL, and UNI to your watchlist, and compare the relative strength of DeFi and L1 sectors side-by-side—much faster than scrolling through Twitter.
10/1 strategy:
• Already long: if 2,655 doesn’t break, don’t cut; if it breaks 2,635, reduce again after the close.
• Flat/No position: take small trades in 2,665–2,685; stop loss at 2,650.
• Bullish confirmation: a 4H close above 2,720, then target 2,765.
• Don’t do: chase long at 2,715; panic-sell at 2,650.
ETH is a “mid-cap blue chip waiting for catalysts”: ETF flows, Glamsterdam, L2 revenue, and stablecoin settlement can all move it—but today the macro weight > ecosystem weight. First watch BTC and the non-farm data, then act on ETH.
Key levels:
• Support: 2,652 (Pivot S1) / 2,655 / 2,635
• Resistance: 2,720–2,765 (Pivot R1) / 2,789
• Structure: EMA20/50 are still below price; the weekly chart hasn’t broken. But on the 4H timeframe, 2,690–2,720 has turned into a moving-average battle zone.
• Crucial point: only if it reclaims 2,720 and volume returns should you look toward 2,765. If it can’t break through, it’s basically “BTC sets the direction, and ETH follows volatility.”
The trap with ETH is thinking “if ETH/USDT is rising, it must be a reversal.” The real signal is in ETH/BTC: if BTC is flat while ETH is relatively strong, that means funds are rotating. If BTC drops and ETH also drops but less, that’s merely resilience—not leadership. You can check the latest crypto market trends on BiyaPay, add ETH, BTC, SOL, and UNI to your watchlist, and compare the relative strength of DeFi and L1 sectors side-by-side—much faster than scrolling through Twitter.
10/1 strategy:
• Already long: if 2,655 doesn’t break, don’t cut; if it breaks 2,635, reduce again after the close.
• Flat/No position: take small trades in 2,665–2,685; stop loss at 2,650.
• Bullish confirmation: a 4H close above 2,720, then target 2,765.
• Don’t do: chase long at 2,715; panic-sell at 2,650.
ETH is a “mid-cap blue chip waiting for catalysts”: ETF flows, Glamsterdam, L2 revenue, and stablecoin settlement can all move it—but today the macro weight > ecosystem weight. First watch BTC and the non-farm data, then act on ETH.
