{"id":440068,"date":"2026-10-14T16:16:23","date_gmt":"2026-10-14T09:16:23","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/ethereum-remains-under-pressure-amid-intensifying-geopolitical-and-macro-risks-whats-next-440068\/"},"modified":"2026-10-14T16:16:23","modified_gmt":"2026-10-14T09:16:23","slug":"ethereum-remains-under-pressure-amid-intensifying-geopolitical-and-macro-risks-whats-next","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/ethereum-remains-under-pressure-amid-intensifying-geopolitical-and-macro-risks-whats-next-440068\/","title":{"rendered":"Ethereum remains under pressure amid intensifying geopolitical and macro risks. What&#8217;s next?"},"content":{"rendered":"<div>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">Ethereum&#8217;s<br \/>\n        fundamental outlook remains mixed, with protocol development and institutional<br \/>\n        accumulation providing support, while the macro environment remains a headwind.<br \/>\n        US spot Ethereum ETFs have recently recorded substantial outflows amid<br \/>\n        deteriorating risk sentiment. <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">In the near term, the<br \/>\n        geopolitical and macroeconomic picture are likely to matter more for price<br \/>\n        action than Ethereum\u2019s protocol upgrade alone. Rising oil prices, persistent<br \/>\n        inflation concerns, higher Treasury yields and hawkish Fed expectations continue<br \/>\n        to put pressure on the crypto market, so traders will need to see some easing<br \/>\n        in those concerns to start positioning for new highs.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">The negotiations between the US and Iran remain at a stalemate, and the<br \/>\n        Houthis are intensifying attacks on Saudi Arabia, raising supply disruption<br \/>\n        risks and supporting oil prices.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">Today, the focus will be on the US CPI report. Traders will mainly look<br \/>\n        at the core m\/m measure as Fed members have been focusing on the monthly pace<br \/>\n        of core inflation to determine how many rate hikes will be needed and how<br \/>\n        quickly they should tighten policy.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">An uptick to 0.3% might<br \/>\n        not be enough for the market to fully expect a hike in October, but a jump to<br \/>\n        0.4% should do it. In such a case, we will likely see a selloff in Ethereum on<br \/>\n        a hawkish repricing. An in-line or even lower than expected figure, on the<br \/>\n        other hand, could lead to a short-term relief rally for the cryptocurrency.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">\u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">ETHEREUM TECHNICAL<br \/>\n        ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the daily chart, we can<br \/>\n        see that <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">Ethereum<\/a>is trading near the key<br \/>\n            support zone around the 2,360 level and the major trendline. We can expect the dip-buyers<br \/>\n            to step in around the support and the trendline, with a defined risk below the<br \/>\n            trendline, to position for a rally into the 3,400 level. The sellers, on the<br \/>\n            other hand, will need the price to break below the trendline to open the door<br \/>\n            for new lows and target the 1,900 level next.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">ETHEREUM TECHNICAL<br \/>\n        ANALYSIS \u2013 4 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the 4 hour chart, we can<br \/>\n        see that the break below the minor upward trendline led to a selloff as more<br \/>\n        sellers piled in on the break to target the 2,360 support. We have also a downward<br \/>\n        trendline around the 2,600 level that could act as resistance. If the price<br \/>\n        gets there, we can expect the sellers to lean on the trendline, with a defined risk<br \/>\n        above it, to position for a drop into the support and the major upward<br \/>\n        trendline. The buyers, on the other hand, will want to see the price breaking<br \/>\n        higher to pile in for a rally into the 3,400 level next.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">ETHEREUM TECHNICAL<br \/>\n        ANALYSIS \u2013 1 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the 1 hour chart, we can<br \/>\n        see the price is consolidating inside a tight box between the 2,485 and 2,535<br \/>\n        levels. A break on either side will likely increase the momentum and extend the<br \/>\n        moves. From a risk management perspective, though, it would be better to wait<br \/>\n        for the US CPI release as we could see big moves in case of surprises. The red<br \/>\n        lines define the <a href=\"https:\/\/investinglive.com\/Education\/trading-tip-know-the-average-daily-range-adr-20220207\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">average daily range<\/a> for today.<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 106%; font-family: Aptos, sans-serif; font-size: 15px\">UPCOMING CATALYSTS<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: 103%; font-size: 15px\"><a href=\"https:\/\/investinglive.com\/EconomicCalendar\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">Today<\/a> we have the US CPI<br \/>\n        report. Tomorrow, we get the US PPI, the US Retail Sales and the latest US<br \/>\n        Jobless Claims figures.<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum&#8217;s fundamental outlook remains mixed, with protocol development and institutional accumulation providing support, while the macro environment remains a headwind. US spot Ethereum ETFs have recently recorded substantial outflows amid deteriorating risk&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-440068","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=440068"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/440068\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=440068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=440068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=440068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}