Ethereum Just Hit a Major Support: Is the Bottom In?
1 extracted signal · 0 resolved · 1 still active
More Crypto OnlineIndependent analyst profile- Source published
- 10 Oct 2026, 00:12 UTC
- Recorded by Tahlil Plus
- 10 Oct 2026, 01:43 UTC

AI-generated source summary
The analysis focuses on Ethereum (ETHUSDT) with a daily timeframe. The primary scenario suggests a potential continuation of the bullish trend. The current price is observed around $2450. The technical setup indicates a possible wave five to the upside, targeting approximately $3150. This bullish outlook is predicated on the market holding the identified support zone, which lies between $1724.54 and $2206.83, specifically around the $2428.65 level. The failure bound for this bullish scenario is set below the support zone at $2050. A break below this level would invalidate the current bullish assumption, potentially leading to a re-evaluation of the price structure. The speaker mentions a previous high formed in September and a subsequent corrective pullback, indicating that the current upward move is part of a larger corrective pattern or the beginning of a new impulse wave. The resistance area is identified between $3165.24 and $3863.47, with key Fibonacci retracement levels at 38.20%, 50.00%, and 61.80% within the broader resistance zone. The analysis highlights the importance of the current support area for the continuation of the bullish trend.
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.
