Ethereum (ETH/USD) News Today: Down 4.3% on the Day

Market mover Bearish bias Oct 29, 2026, 21:10 UTC

Oliver HayesMarket Risk Analyst · ForexR analyst

After the New York close, Ethereum (ETH/USD) last printed 2255.94, down 4.3% on the day, with daily, four-hour and one-hour trends down and price between S3 at 2250.01 and the five-day low at 2275.94.

Ethereum Down Over 4% After the New York Close

After the New York close, Ethereum (ETH/USD) last printed 2255.94, down 101.39 dollars, or 4.3 percent, from the previous close at 2357.33. The move measures 1.2 times the 14-day average true range of 87.44 dollars.

The day open is 2357.33. The day high is 2371.85 and the day low is 2230.2. The day range is 141.65 dollars, or 162 percent of that average true range.

Yesterday's close was 2356.89, a different figure from the previous close used for the day's change. Yesterday's bar opened at 2346.9, with a high at 2389.59, a low at 2318.92 and a range of 70.67 dollars. Across five days the pair is down 5.39 percent. Across twenty days it is down 8.77 percent.

The daily state is down, the four-hour state is down and the one-hour state is down. Daily RSI is 39. The three states agree, so the bias is bearish.

Headlines in the Mix, Not a Proven Cause

Tokenpost reports both a lower ether price and a large transfer involving Ethereum. Crypto Economy reports selling by large holders, and Dailycoin reports a project linking into Ethereum. Benzinga describes major tokens as sideways after the Federal Reserve held rates, which does not describe a broad selloff.

Those headlines may sit in the conversation around the decline. They do not establish the cause of the 4.3 percent move.

The opportunity read stands at -46, a bearish news-sentiment score, not a forecast and not a positioning gauge. That read moved from 29, bullish, to -44, bearish, over 24 hours.

Where the Last Print Sits Against the Levels

The last print sits between S3 at 2250.01 and S2 at 2284.46. Nearest support is S3 at 2250.01, 5.93 dollars below the print. Nearest resistance is the five-day low at 2275.94, 20 dollars above the print.

The round number above the print is 2300. The round number below the print is 2250. The day low at 2230.2 lies under S3 at 2250.01 and under 2250, while the last print does not.

The daily pivot is 2355.13. R1 is 2391.35, R2 is 2425.8 and R3 is 2462.02. S1 is 2320.68. The five-day high is 2389.59 and the five-day low is 2275.94.

The twenty-day high is 2576.89 and the twenty-day low is 2275.94. The previous day high is 2389.59 and the previous day low is 2318.92. On the daily chart, price is below the 200-period average at 2320.05, the 20-period average is 2422.58 and the 50-period average is 2448.97, and the daily state is down.

The four-hour state is down, with the 20-period average at 2331.94 and the 50-period average at 2355.74. The one-hour state is down, with the 20-period average at 2326.83 and the 50-period average at 2332.11. The last print at 2255.94 sits under the daily, four-hour and one-hour averages listed above. The day range against average true range is set out in the ATR and volatility guide, and the pivot levels are posted on the Ethereum (ETH/USD) rate and pivots page.

Conditional Paths and Tomorrow's Calendar

A break above R1 at 2391.35 would open the way to R2 at 2425.8, 34.45 dollars from that trigger to that target. A move back below the daily pivot at 2355.13 would invalidate the upside path, and the last print is already below 2355.13.

A break below S3 at 2250.01 would open the way to the next round number at 2250, 0.01 dollars beyond the trigger. A move back above the daily pivot at 2355.13 would invalidate that downside path. In both cases the daily pivot is only the invalidation.

Tomorrow's calendar, not today's, carries four medium-impact US events. The Employment Cost Index is at 12:30 UTC, previous 0.9, estimate 0.8. Chicago PMI is at 13:45 UTC, previous 58.8, estimate 56.1. Fed's Daly speaks at 16:00 UTC and Fed's Musalem speaks at 16:30 UTC.

The clock's next step is Asia trading until London opens at 07:00 UTC, leaving those releases for tomorrow. How an economic calendar is used is covered in using an economic calendar.