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ETH Surges to $2,777 Amid Bitcoin's Record Breakthrough

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Ethereum's price hit a new high of $2,777.34 on September 21, 2026, as Bitcoin broke through the $86,000 mark and fueled a rally across crypto markets.

The move pushed Ethereum into technically overbought territory on multiple timeframes, with its daily RSI14 reading at 72.1 and hourly RSI14 at 72.33, indicating that the easiest gains from this leg are likely behind us unless fresh demand continues to materialize.

On-chain DEX activity is surging, with Curve fees jumping 415.79% in 24 hours and 690.75% over seven days, suggesting genuine demand behind the rally. The Fear & Greed Index reads 70 (Greed), while total crypto market cap rose 3.64% to roughly $2.94 trillion.

The bullish case for Ethereum rests on trend continuation, with buyers retaining control of the tape as long as ETH holds above the daily pivot at $2,742.80 and the hourly EMA20 at $2,729.06.

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