2026.10.2 ETH Market Analysis:
ETH continues to trade sideways around 2700 today, and the overall structure has not yet turned bearish.
Previously, ETH broke out from 1800 all the way to 2600, then surged to 2807. Now it’s in consolidation at a high level after the upswing.
Currently, focus on two key levels:
2807: The previous high resistance. Only after a volume-supported breakout can it further open up room for upside; next, watch 2900-3000.
2630-2650: Around the EMA20 area—also a crucial short-term support. As long as it holds here, the overall uptrend structure remains intact.
ETH continues to trade sideways around 2700 today, and the overall structure has not yet turned bearish.
Previously, ETH broke out from 1800 all the way to 2600, then surged to 2807. Now it’s in consolidation at a high level after the upswing.
Currently, focus on two key levels:
2807: The previous high resistance. Only after a volume-supported breakout can it further open up room for upside; next, watch 2900-3000.
2630-2650: Around the EMA20 area—also a crucial short-term support. As long as it holds here, the overall uptrend structure remains intact.