Forecast update for Ethereum -10-11-2026

Brent crude oil continues to extend its consecutive losses in its latest intraday trading, reaching the $88.50 support level, which represented the last price target in our previous analyses. This provided the price with some positive momentum, helping it rebound slightly, particularly as a positive crossover begins to emerge in the relative strength indicators after the indicators reached deeply oversold levels. However, negative pressure persists as the price continues to trade below its EMA50, with the dominance of the main short-term bearish trend.

Bitcoin (BTCUSD) declined in its latest intraday trading, with the price now poised to break below the $74,000 support level. This comes amid emerging negative signals from the relative strength indicators, under the dominance of the main short-term downtrend, in addition to continued negative pressure from trading below its EMA50, which further increases the likelihood of further declines in the near term.

Crude oil is holding firm against the surrounding negative pressure in its latest intraday trading, as the price begins attempting to recover some of its previous losses. At the same time, we are seeing the emergence of a positive crossover in the relative strength indicators, suggesting that a positive divergence may be starting to form, potentially driving some corrective rebounds, amid continued negative pressure from trading below its EMA50, which acts as dynamic resistance and reinforces the dominance and stability of the main short-term bearish trend.