Ethereum: Reclaims $2,600 After Seven Months

Latest Update
9/11/2026 2:14:00 PM

Ethereum: Reclaims $2,600 After Seven Months

Ethereum reclaims $2,600 for first time in 7 months while Bitcoin surges above $79,000 after US Core CPI hits lowest level in over 5 years, adding $127 billion to crypto market.

Analysis

Ethereum reclaimed the $2,600 level for the first time in seven months as Bitcoin surged above $79,000 with a $3,200 gain in just 90 minutes, driving $127 billion into the broader crypto market after US Core CPI printed its lowest reading in over five years.

Price action on the 4h chart shows ETH at $2613.82 holding a bullish structure above the EMA50 at $2473.8 and EMA200 at $2292.21, yet momentum has stretched with RSI(14) at 71.28 in overbought territory and price testing the upper Bollinger Band resistance at $2554.04 while MACD registers a golden cross at 5.31; institutional desks now watch for a healthy pullback toward the 50-EMA support before any continuation higher amid the post-CPI liquidity wave.

Ethereumcrypto marketUS CPIETH priceBitcoin surge

Research, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.

Loading…

Trending topics

DeepSeek
ChatGPT
Claude
AI video Generator
Ethereum
NFT

Source: blockchain.news