In this video: Ethereum (ETH) Elliott Wave analysis for 15 October 2026: Ethereum has started a pullback and is hovering just above the green line at $2,450, while $2,645 keeps the short-term trend down.
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Ethereum (ETH) Price News & Insights Today 15-10-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More Crypto Online.
Ethereum (ETH) is trading at approximately €2,101 (or roughly $2,417 USD), reflecting a sharp 5.4% to 5.5% decline over the past 24 hours. The broader crypto market faces a major downturn, triggered by higher-than-expected U.S. Consumer Price Index (CPI) inflation data (climbing to 3.7%), which has renewed fears of prolonged high interest rates and led to massive market liquidations
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Ethereum Insights Today
• Macroeconomic Drag & Liquidations: The hotter U.S. inflation print sparked a broader "risk-off" move across both equities and crypto. Total crypto market liquidations crossed $951 million in 24 hours, with long positions bearing over $860–$876 million of the brunt, forcing Bitcoin down to $80,000 and heavily dragging ETH downward.
• Developer Upgrade Talks (Oct 15): Ethereum core developers are scheduled to meet today, October 15, to discuss the network's next major upgrade. Traders are closely monitoring these discussions for economics and scaling updates, historically a source of sharp price swings.
• Technical Support Broken: ETH underperformed the broader index after losing its pivotal $2,500 support level. Analysts warn of potential further downside toward $2,350 unless buyers manage to aggressively reclaim the $2,570 to $2,600 range.
• Exchange Notice: In separate operational news, Binance is completing a brief schedule of Ethereum network wallet maintenance today, temporarily pausing and resuming network deposits/withdrawals.
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