Ethereum price prediction for October 18, 2026: VirtualBacon’s view

VirtualBacon's call on ETH for October 18, 2026: where the author expects the price to go and which levels matter. Other bloggers' calls are added here during the day. This is the author's opinion, not investment advice.

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VirtualBacon: ethereum may find support at $2,250 if Bitcoin tests $78,000

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This call: ETH ▼ down — being checked by price until Nov 17

Ethereum may find a floor at $2,250 if Bitcoin retreats to its $78,000 support, says VirtualBacon. The analyst has issued a warning that with Ethereum currently trading weaker than Bitcoin, there is potential for further downside if Bitcoin declines.

Normally, Ethereum trades at about 1.3 times the volatility of Bitcoin, so a 10% pullback in the latter would result in an ETH decline of around 13%, as VirtualBacon points out. At the moment, Bitcoin is near $82,000, but Ethereum has dropped to $2,400 and is showing more weakness than usual.

A 4% move by Bitcoin from $82,000 down to $78,000 would likely see Ethereum drop by 5% or more, with the analyst identifying support around $2,250. Still, anything below $2,400 is considered undervalued by VirtualBacon; the $2,400-$2,200 range is seen as a prime buying area, assuming Bitcoin holds its bull market support between $76,000 and $78,000. Under current conditions, the channel notes that Ethereum is already at the lower end of that range.

This article reflects the channel authors’ opinions and is not investment advice.

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