solperp

Update: October 9, 2026
Current Prices and 24-Hour Performance
ETH is currently trading around 2,470 to 2,480 USDT, down approximately 3.5% to 4.3% over the past 24 hours. The trading range is between 2,406 and 2,587 USDT.
SOL is currently trading around 109 to 110 USDT, down approximately 5% to 6.5% over the past 24 hours. The trading range is between 105.7 and 116.8 USDT.
The crypto market is experiencing selling pressure due to macroeconomic conditions, rising US Treasury yields, oil price movements, and the Federal Reserve's continued hawkish stance. Significant liquidations of long positions have also added pressure to prices.
Technical Analysis of Ethereum (ETH)
In the short term, ETH remains bearish to neutral. The RSI is around 37 to 38, indicating that the price is approaching oversold territory.
Support is located around 2,450 to 2,400 USDT, with a stronger support zone between 2,393 and 2,406 USDT.
The nearest resistance is between 2,500 and 2,550 USDT. If the price breaks above this area, the next target is around 2,580 USDT.
For a bullish scenario, ETH needs to hold above 2,450 USDT and reclaim the 2,500 USDT level. If successful, the price could move toward 2,550 to 2,580 USDT.
On the other hand, if the price breaks below 2,400 USDT, ETH could face further downside toward 2,350 to 2,300 USDT.
Technical Analysis of Solana (SOL)
SOL remains bearish on the 4-hour timeframe, although its daily trend is relatively stronger. The RSI is around 42 to 43, indicating weak momentum without yet entering oversold territory.
The nearest support is between 108 and 107 USDT. If this area breaks, the next levels to watch are 105 to 103 USDT.
Resistance is located between 111 and 112 USDT, followed by 116 to 117 USDT.
For a bullish scenario, SOL needs to hold the 107 to 108 USDT zone and break above 111 USDT. If buying momentum strengthens, the price could move toward 114 to 116 USDT.
However, if the price breaks below 105 USDT, further downside toward 100 to 103 USDT becomes a possibility.
Outlook for the Next 24 Hours
ETH and SOL are expected to remain in a consolidation phase with a neutral-to-bearish bias. A rebound is still possible, but stronger price action needs to be confirmed by holding key support levels and breaking through nearby resistance.
For ETH, the key area to watch is 2,400 to 2,500 USDT, while SOL has an important range between 105 and 112 USDT.
Conclusion:
ETH and SOL remain in a corrective phase, with selling pressure that has not yet fully eased. As long as major support levels hold, a rebound remains possible. However, if these support levels break, further downside should be anticipated.
SOL tends to be more volatile than ETH, meaning its price can move more sharply in either direction. Monitor price confirmation carefully and apply proper risk management before entering any position.
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