It's been choppy every day during the National Day holidays 😂
There's also significant resistance above $ETH . A breakout above 2832 would trigger liquidations of a cumulative 922 million U in short positions. A drop below 2574 would trigger liquidations of a cumulative 832 million U in long positions.
So which comes first—a drop or a rally??
Personally, I think ETH hitting 3000 this year is just around the corner. Once it holds above 2800, altcoins will see a broad-based breakout.
There isn't enough momentum to push higher right now, so a pullback is an opportunity. You can build a position in stages if the 2550–2580 range holds.
A few key points:
① ETH gained over 70% in Q3, bringing renewed attention from investors.
② ETH ETF flows have been volatile in the short term, but net inflows have been positive overall over the past month.
③ The Glamsterdam upgrade kicks off its Sepolia testnet today, with expectations for a Q4 mainnet upgrade still on track.
④ $BTC remains strong, and funds may rotate from BTC into ETH and leading altcoins.
Also keep an eye on $MORPHO , an ETH ecosystem DeFi token poised to catch up; its price action has remained relatively strong and steady.
#EthereumStakingExitQueueHitsNewHighIn2026
There's also significant resistance above $ETH . A breakout above 2832 would trigger liquidations of a cumulative 922 million U in short positions. A drop below 2574 would trigger liquidations of a cumulative 832 million U in long positions.
So which comes first—a drop or a rally??
Personally, I think ETH hitting 3000 this year is just around the corner. Once it holds above 2800, altcoins will see a broad-based breakout.
There isn't enough momentum to push higher right now, so a pullback is an opportunity. You can build a position in stages if the 2550–2580 range holds.
A few key points:
① ETH gained over 70% in Q3, bringing renewed attention from investors.
② ETH ETF flows have been volatile in the short term, but net inflows have been positive overall over the past month.
③ The Glamsterdam upgrade kicks off its Sepolia testnet today, with expectations for a Q4 mainnet upgrade still on track.
④ $BTC remains strong, and funds may rotate from BTC into ETH and leading altcoins.
Also keep an eye on $MORPHO , an ETH ecosystem DeFi token poised to catch up; its price action has remained relatively strong and steady.
#EthereumStakingExitQueueHitsNewHighIn2026