ฮ ETHEREUM โ October 11, 2026
๐ Price: ~$2,500โ2,510
๐ Week: -8.5% โ ETH weaker than BTC (BTC -4%), falling from $2,700 to $2,400
๐ WHAT MATTERS
โข ETH ETFs: 9th consecutive day of outflows (since Sep 29), totaling ~$697 million โ the worst streak since January
โข Grayscale Mini ETH ETF: +$103.3 million over 20 days โ an internal transfer from ETHE (-$71.6 million)
โข RSI 39 โ oversold territory, but the structure remains weak
โข 24-hour liquidations: ETH โ $9.62 million, shorts $4.25 million (more than longs)
โ๏ธ LEVELS
๐ข Support: $2,392โ2,400 โ $2,370 โ $2,200 (100-day SMA)
๐ด Resistance: $2,518โ2,542 โ $2,618 โ $2,740โ2,880
๐ฌ SENTIMENT
ETH is trying to hold $2,500. If the price falls below $2,392, $475 million in long liquidations will be triggered. A break above $2,618 could trigger a $466 million short squeeze. The market is squeezed between two liquidation zones.
โ ๏ธ RISKS
โข ETH ETFs: 9 consecutive days of outflows โ institutional investors are exiting
โข $2,392 is critical support; a break below could put $2,370โ2,200 in focus
โข 76.6% of retail traders are long โ overcrowded positioning
โข US 10Y at 5.36% + oil at $101 are weighing on risk assets
โ ๏ธ Not financial advice. The crypto market carries high risk.
#Ethereum #ETH #Crypto #MarketAnalysis #ETF #Grayscale #Liquidations #FOMC $ETH
๐ Price: ~$2,500โ2,510
๐ Week: -8.5% โ ETH weaker than BTC (BTC -4%), falling from $2,700 to $2,400
๐ WHAT MATTERS
โข ETH ETFs: 9th consecutive day of outflows (since Sep 29), totaling ~$697 million โ the worst streak since January
โข Grayscale Mini ETH ETF: +$103.3 million over 20 days โ an internal transfer from ETHE (-$71.6 million)
โข RSI 39 โ oversold territory, but the structure remains weak
โข 24-hour liquidations: ETH โ $9.62 million, shorts $4.25 million (more than longs)
โ๏ธ LEVELS
๐ข Support: $2,392โ2,400 โ $2,370 โ $2,200 (100-day SMA)
๐ด Resistance: $2,518โ2,542 โ $2,618 โ $2,740โ2,880
๐ฌ SENTIMENT
ETH is trying to hold $2,500. If the price falls below $2,392, $475 million in long liquidations will be triggered. A break above $2,618 could trigger a $466 million short squeeze. The market is squeezed between two liquidation zones.
โ ๏ธ RISKS
โข ETH ETFs: 9 consecutive days of outflows โ institutional investors are exiting
โข $2,392 is critical support; a break below could put $2,370โ2,200 in focus
โข 76.6% of retail traders are long โ overcrowded positioning
โข US 10Y at 5.36% + oil at $101 are weighing on risk assets
โ ๏ธ Not financial advice. The crypto market carries high risk.
#Ethereum #ETH #Crypto #MarketAnalysis #ETF #Grayscale #Liquidations #FOMC $ETH