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Yahoo Crypto Market • October 5th 2026, 12:54 PM

Ethereum Logs Smallest Year-To-Date Loss Since January As Rally Runs On Thin Leverage

Key Summary

Ethereum's (ETH) year-to-date loss narrowed to about 7%, its smallest weekly decline since January. Futures open interest remains well below last year's peak, at about $14 billion. U.S. spot Ethereum ETFs saw nearly $93 million in net outflows in October.

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Analyst Ted Pillows sees $2,800 as a key level for Ethereum, saying a weekly close above it could confirm further upside.

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