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Ethereum Price Prediction: Leverage Cools as Spot Demand Drives ETH

ETH trades near $2,693 as leverage cools and ETF flows pause. Key support, resistance, and the conditions for a move toward $3,000.

Ahmed BarakatCryptonews · October 1, 2026 · 2d ago

Assets in this piece

CoinGecko last prints — not a Dextape quote.

Key points

  • ETH trades at $2,690, up 1.6% in 24 hours, with derivatives open interest down to 12.49 million ETH, the lowest since March 1.
  • Spot ETFs saw $2.81 million in net outflows on September 29, ending a seven-session inflow streak, per the article.
  • The article cites support at $2,657–$2,680, resistance at $2,722–$2,822, and mentions LiquidChain's presale priced at $0.014961 with $980K raised.

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