ETH Holds $2,691 as Resistance Tests Continue
Ethereum (ETH)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Ethereum remains in a constructive broader structure despite cooling off after its latest rally. The asset is currently consolidating below $2.7K following a rejection from the $2.75K-$2.82K resistance zone. Meanwhile, daily moving averages are approaching a potentially important bullish crossover. This technical setup suggests ETH is eyeing $3K, though major hurdles stand in the way.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 26 September 2026. Not the outlet's figures.
Whalio spot data shows ETH trading at $2,691.61 with a 1-hour buy ratio of 56.9%, indicating immediate short-term buying pressure. However, this momentum is fading over longer timeframes, as the 4-hour buy ratio drops to 44.9% and the 24-hour ratio sits at 47.8%. The 1-hour volume delta is positive at +$1,313,053, showing net buying in the last hour, but the 24-hour delta is negative at -$27,207,737. This contrast reveals that while recent trades favor buyers, the broader daily flow is dominated by net selling, with cumulative volume delta closing at -$32,233,523.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.4%, making today's 24-hour ratio of 47.8% slightly below the weekly norm by 2.6 points. Spot volume for the day was 0.70x the average, indicating lighter trading activity compared to the usual week. While the 8-day volume delta was positive at +$127,352,411, today's net flow contributes to a negative daily delta. This suggests that despite a generally positive weekly trend, today represents a day of reduced volume and net outflows relative to the recent average.