Ethereum bias flipped 14 times to neutral on October 7, 2026
Ethereum dropped about 6% toward $2,500 with Bitcoin, XRP and Solana also in the red, as $610 million in crypto liquidations were reported with $1.35 billion in positions at risk. Ethereum ETFs posted $201.9 million in outflows even as Bitcoin funds returned to inflows, while reports noted BitMine's persistent activity may be ending. This matters for Ethereum because fund flows and liquidation activity are central to current market conditions around the $2,500 area.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 14 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Weak bullish
- 05:46Neutral
- 06:31Bearish
- 08:57Neutral
- 09:12Weak bearish
- 12:52Bearish
- 16:12Weak bullish
- 16:27Neutral
- 16:47Bearish
- 18:02Weak bullish
- 18:32Neutral
- 18:47Weak bullish
- 20:33Neutral
- 21:03Weak bearish
- 21:18Neutral
Headlines (18)
First seen on October 7
- Why is crypto market going down today?Crypto.news
- Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in LongsBitcoin.com News
- BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nearsCointelegraph
- Crypto liquidations hit $610M as long squeezes cloud ‘Uptober’ outlookAMBCrypto
- Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchasesCoinDesk
- Ethereum price plunges toward $2,500: Could this support trigger a $3,000 comeback?Crypto.news
- Bitmine's Relentless Ethereum Buying Is About to End, Tom Lee Saysdecrypt.co
- Why are BTC, ETH, XRP and SOL in the red today?Crypto.news
- Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidationCryptoSlate
- Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflowsnewsbtc.com
Carried over from earlier days
- Morning Minute: Uptober Off to a Green Startdecrypt.co
- Tom Lee says ether ‘dwarfing other macro assets’ as Bitmine adds 15,112 ETHtheblock.co
- Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Targetdecrypt.co
- Ethereum Price Forecast: BitMine scoops extra ETH tokens following Q3 outperformanceFXStreet
- ICYMI: Citi raises bitcoin target to $113,000 and ether to $3,028 as crypto inflows returnInvestingLive
- Strategy Watch #8research.glassnode.com
- Crypto Today: Bitcoin, Ethereum, XRP bulls battle to restart uptrend amid ETF outflowsFXStreet
- Ethereum bears keep selling but ETH stays near $2,700 as US spot ETFs record $206 million in outflowsCryptoSlate
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, October 7 | ||
| FOMC Member Williams Speaks | USD | |
| Crude Oil Inventories | 1.9M | USD |
| President Trump Speaks | USD | |
| 10-y Bond Auction | USD | |
| FOMC Meeting Minutes | USD | |
| Consumer Credit m/m | 14.5B | USD |
| Thursday, October 8 | ||
| FOMC Member Waller Speaks | USD | |
| Unemployment Claims | 200K | USD |