#ETH Market Analysis: October 3, 2026
Ethereum is consolidating in the $2,650–$2,700 range, caught between a constructive technical structure and near-term selling pressure. The asset trades roughly 40% below its 52-week high, though it has recovered significantly from June lows near $1,500.The technical structure remains constructive — ETH holds above its 100-day and 200-day moving averages with a bullish crossover near $2,100. The immediate pivot is whether buyers defend $2,650. A stabilization in ETF flows combined with the Glamsterdam narrative could set up another $2,800 test, while sustained outflows risk a deeper pullback toward $2,450
#ETH #ETHUDST
Ethereum is consolidating in the $2,650–$2,700 range, caught between a constructive technical structure and near-term selling pressure. The asset trades roughly 40% below its 52-week high, though it has recovered significantly from June lows near $1,500.The technical structure remains constructive — ETH holds above its 100-day and 200-day moving averages with a bullish crossover near $2,100. The immediate pivot is whether buyers defend $2,650. A stabilization in ETF flows combined with the Glamsterdam narrative could set up another $2,800 test, while sustained outflows risk a deeper pullback toward $2,450
#ETH #ETHUDST
