A whale added 4,000 ETH to an Aave leveraged long, raising the position to 22,504 ETH, the largest active leveraged long on the platform.
Ethereum (ETH/USD) Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
Technical score
Short-termdays to 2 weeks
Bearishweak
Medium-termweeks to months
Bearishstrong
Long-termmonths and beyond
Bullishmoderate
What drives the technical score
Short-termdays to 2 weeks：Bearish
- Intraday view is bullish
- Active double bottom pattern on the chart
- Price below the 20-day average
- Daily RSI 38, weak momentum
- Daily MACD below its signal line
- 5-day down 1.6%
Medium-termweeks to months：Bearish
- Daily view is bearish
- Price below the 50-day average
- 20-day average below the 50-day
- 20-day down 8.8%
- Daily MACD below zero
Long-termmonths and beyond：Bullish
- Price above the 40-week average
- 10-week average above the 40-week
- Weekly MACD above its signal line
- 6-month change +1.1%, little net move
- Weekly RSI 52, neutral momentum
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
Ethereum (ETH/USD) 30 MINActive since Oct 28, 2026 00:08 UTC+8
Ethereum (ETH/USD): Bullish above the pivot
Target level↑ 2,382.08
Pivot level2,314.26
Support2,287.22
Our preference
Above 2,314.26, look for a move towards 2,382.08.
Alternative scenario
Below 2,314.26, expect 2,287.22 and 2,271.13.
Comment
As long as price holds above the pivot, the upside structure remains intact. RSI is at 55 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 2,414.46 |
| Resistance 2 | 2,398.27 |
| Resistance 1 | 2,382.08 |
| Price | 2,349.30 |
| Pivot | 2,314.26 |
| Support 2 | 2,287.22 |
| Support 3 | 2,271.13 |
Ethereum (ETH/USD) DAILYActive since 2026-10-19
Ethereum (ETH/USD): Bearish below the pivot
Target level↓ 2,187.61
Pivot level2,522.70
Resistance2,643.62
Our preference
Below 2,522.70, look for a move towards 2,187.61.
Alternative scenario
Above 2,522.70, expect 2,643.62 and 2,715.59.
Comment
As long as price stays below the pivot, the downside structure remains intact. RSI is at 38 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 2,715.59 |
| Resistance 2 | 2,643.62 |
| Pivot | 2,522.70 |
| Price | 2,349.30 |
| Support 1 | 2,187.61 |
| Support 2 | 2,118.67 |
| Support 3 | 2,049.73 |
AI market story
Updated 2026-10-28 13:18 UTC+8Ether bounces but daily trend stays bearish above 2,314
Ether trades at 2,350.60, up 1.17% on the day but down 1.65% over five days and 8.77% over twenty. It sits below the 20-day average of 2,417.05 and the 50-day of 2,533.75, with daily RSI at 38 and MACD below its signal line.
What you should know
Price journey: up or down lately?
It is up recently: 1.17% in the past day, but down 1.65% over five days and 8.77% over twenty. This looks like a rebound after losses, not yet a recovery of the 2,417.05 20-day average.
Trend: which way is the bigger picture pointing?
The bigger direction is bearish. The daily view is bearish with a pivot at 2,522.70, and price remains below both the 20-day and 50-day averages, so the medium-term structure still favors sellers.
Momentum: gaining or losing strength?
Momentum is weak but not accelerating lower. RSI at 38 is almost unchanged from 39 five days ago, and MACD sits below its signal line with little change in the histogram, so downside pressure is fading rather than building.
Key levels: which prices matter next?
Watch 2,382.08 and 2,398.27 above, then the 2,417.05 20-day average. On the downside, guard 2,314.26 and 2,287.22; a break there opens the daily target of 2,187.61.
Patterns: what is forming on the chart?
The chart shows a 5-minute double top targeting 2,336.10 with invalidation at 2,365.92, plus 1-hour and 15-minute double bottoms targeting 2,390.80 and 2,365.20. Signals conflict, so holding 2,314 matters most.
Pre-Fed caution weighs on ether as long-term adoption builds
Bitcoin slipped below $80,000 and ether fell 0.5%, while a trader shorted 9,700 ETH with 25x leverage, notional about $22.46 million at an average of 2,311.92. Custody and stablecoin expansion offer longer-term support.
What you should know
What is the market talking about?
The market is focused on pre-Fed risk aversion: bitcoin broke below $80,000 and touched about 79,700, ether fell 0.5% and the DeFi index dropped 1.8%, so risk assets are under pressure together.
Is the news flow positive or negative?
The tone leans bearish. A 25x leveraged short of 9,700 ETH at an average entry of 2,311.92, notional about $22.46 million, adds to a weak broader tape.
How could this news affect the price?
Bearish headlines may cap rebounds and keep price testing 2,314 repeatedly. Anchorage custody across six chains including Ethereum and corporate bitcoin buying support medium-term confidence, but their near-term price impact is indirect.
Fed decision and core PCE may push ether swings near $100
The FOMC decision lands 10-29 02:00 with the lower bound expected at 3.75 and upper at 4. In the past 16 releases, ether moved 97.2 dollars on average within four hours, up to 257.2, rising 50% of the time. Core PCE at 20:30 averages 84.6 dollars.
What you should know
What is coming up on the calendar?
The key event is the FOMC decision on 10-29 at 02:00, with the lower bound expected at 3.75 and upper at 4. Later at 20:30, September core PCE is expected at 0.3 and Q3 annualized GDP at 3.
How much do these events usually move the price?
After the past 16 FOMC releases, ether moved 97.2 dollars on average within four hours, up to 257.2, about 1.5 times normal, and rose 50% of the time. Core PCE saw an 84.6 dollar average move, up to 214.7, with a 39% rise rate.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
Daily downtrendsince 2026-10-08
Short trailing stop2,560.47
Distance from price8.25%
Ethereum (ETH/USD) is below its daily short trailing stop. Short positions can reference 2,560.47 (8.25% away); it only moves down. A daily close above 2,560.47 signals the trend is strengthening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is below the 20- and 50-day moving averages, a weak medium-term structure.
- Daily RSI is 38, soft momentum.
- Daily MACD is below its signal line; daily momentum is down.
- Price is inside the daily Bollinger Bands (2,298.32 to 2,535.66).
Related economic events this week
| 10-27 22:00 | United States Oct Richmond Fed Manufacturing IndexAfter 23 past releases, Ethereum (ETH/USD) moved $64.9 on average in 4 hours · max $126.4 | -2 |
| 10-27 22:00 | United States Oct Conference Board Consumer Confidence IndexAfter 24 past releases, Ethereum (ETH/USD) moved $71.1 on average in 4 hours · max $126.4 | 91.7 |
| 10-29 02:00 | United States FOMC Rate Decision (Lower Bound) HighAfter 16 past releases, Ethereum (ETH/USD) moved $97.2 on average in 4 hours (1.5× normal) · max $257.2 | 3.75 |
| 10-29 02:00 | United States FOMC Rate Decision (Upper Bound) HighAfter 16 past releases, Ethereum (ETH/USD) moved $97.2 on average in 4 hours (1.5× normal) · max $257.2 | 4 |
| 10-29 04:30 | United States Alphabet Q3 Earnings Call High | — |
| 10-29 05:00 | United States Microsoft Q3 Earnings Call High | — |
| 10-29 20:30 | United States Sep Core PCE Price Index MoM HighAfter 23 past releases, Ethereum (ETH/USD) moved $84.6 on average in 4 hours · max $214.7 | 0.3 |
| 10-29 20:30 | United States 3Q Real GDP Annualized QoQ Prelim HighAfter 23 past releases, Ethereum (ETH/USD) moved $74.5 on average in 4 hours · max $154.3 | 3 |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for Ethereum (ETH/USD)
SentimentNegative 37
Last 24h32 stories
Last 7 days157 stories
7-day sentiment
Prediction market shows the probability of Ethereum hitting 2200 dollars in October falling to 20 percent, down 16 points in a day.
A whale accumulated about 42.3 million dollars in crypto, including 14,600 ETH plus LINK, AAVE and UNI tokens.
Machi sold over 60 NFTs in six months to fund leveraged perpetuals, losing more than 1,000 ETH in total.
A Kanye-linked address withdrew 4,000 ETH from Binance to Aave as collateral and borrowed USDT, adding to a leveraged long now down 2.477 million dollars.
An ICO-era whale who bought 200,000 ETH sent its final 7,594 ETH, worth about 17.79 million dollars, to Kraken, completing a full exit.
Trade signals for Ethereum (ETH/USD)
Short-term Signals 30-minute · held a few hours to a day
| Signal time | Bias | Entry | Status | R |
|---|---|---|---|---|
| Oct 26, 2026 06:00 | Bearish | 2,346.03 | Target hit | +1.27+$32.59 |
| Oct 25, 2026 03:00 | Bearish | 2,347.72 | Half profit, rest at break-even | +0.18+$4.13 |
| Oct 25, 2026 00:30 | Bearish | 2,314.07 | Stopped out | -1.06−$28.42 |
| Oct 19, 2026 22:30 | Bearish | 2,410.03 | Half profit, rest at break-even | +0.19+$4.39 |
| Sep 22, 2026 04:30 | Bullish | 2,765.61 | Closed at time limit | -0.44−$23.01 |
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for Ethereum (ETH/USD).
Chart patterns in play for Ethereum (ETH/USD)
Ethereum (ETH/USD)2,349.30
Double bottom1 hour
Target2,390.802.01%
Invalid at2,286.22
Price finds support twice at a similar low; a break above the high between them (the neckline) often marks a turn from down to up.
Ethereum (ETH/USD)2,349.30
Double bottom15 min
Target2,365.201.46%
Invalid at2,291.97
Price finds support twice at a similar low; a break above the high between them (the neckline) often marks a turn from down to up.
FAQ
Where are Ethereum (ETH/USD) support and resistance levels today?
Intraday resistance: 2,382.08, 2,398.27, 2,414.46. Support: 2,314.26, 2,287.22, 2,271.13. Pivot: 2,314.26 (updated Oct 28, 2026 15:09 UTC+8).
Is Ethereum (ETH/USD) bullish or bearish now?
Intraday: bullish. Short-term (daily): bearish. Bullish above 2,314.26, targeting 2,382.08 and then 2,398.27.
How has Ethereum (ETH/USD) been trading lately?
Ether bounces but daily trend stays bearish above 2,314. Ether trades at 2,350.60, up 1.17% on the day but down 1.65% over five days and 8.77% over twenty. It sits below the 20-day average of 2,417.05 and the 50-day of 2,533.75, with daily RSI at 38 and MACD below its signal line.
How do I read the Ethereum (ETH/USD) technical score?
Currently short-term bearish, medium-term bearish, long-term bullish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on Ethereum (ETH/USD)?
Ethereum (ETH/USD) is below its daily short trailing stop. Short positions can reference 2,560.47 (8.25% away); it only moves down. A daily close above 2,560.47 signals the trend is strengthening.
Which economic events matter for Ethereum (ETH/USD) next?
Fed decision and core PCE may push ether swings near $100. The FOMC decision lands 10-29 02:00 with the lower bound expected at 3.75 and upper at 4. In the past 16 releases, ether moved 97.2 dollars on average within four hours, up to 257.2, rising 50% of the time. Core PCE at 20:30 averages 84.6 dollars.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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