$ETH ETH/USDT, as of Oct 11, 2026
Price: About $2,490 as of Oct 9, the latest daily reading I found. That's down roughly 10% from the Oct 4 high near $2,757.
Recent move: ETH fell about 5% on Oct 7, and around $1.35B in leveraged longs were at risk of liquidation as it slipped toward $2,500. (Fortune) (pluang)
Support: Analysts are watching $2,445 as the key level to hold to keep the August breakout intact. A close below it would weaken the bullish case. (htx)
Resistance: The $2,700 area is the first hurdle. The bull-case initial target is $2,800, with $3,000 as the bigger October goal. (htx)
Positioning: Two wallets hold a combined short position against BTC and ETH of about $1.58B. That could fuel a squeeze if price bounces. (htx)
Takeaway: Short-term momentum is bearish, but price is sitting just above major support. A hold at $2,445 and a reclaim of $2,700 would favor the bulls. A break below could open a deeper drop.
This is a summary of public analysis, not financial advice. Prices move fast, so check a live chart before trading.
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