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Unlike Bitcoin, the Ethereum price has struggled to hold up, and even after the crypto market recovery, the price remains below $4,000, which is a major psychological level. Given this, it seems that the cryptocurrency is set to close the month of October in the red, losing almost 5% of its value already this month. However, with the month of November quickly rolling by, the Ethereum price might be in for a bounce, as November has historically been green for the market. November Could Hold The Key For Ethereum Price Looking at the historical price data for Ethereum on the CryptoRank website, there seems to be a balance between years when the month was red and years when it was green. In a decade, there have been five years where the Ethereum price has seen gains in November and five years where there have been losses. Related Reading: Bitcoin And Astrology: Moon Cycles Predict When The BTC Price Will Touch $138,000 However, there seems to be a rather bullish pattern: the years when the month was green saw double-digit gains, eventually resulting in higher gains than losses. As a result, the average return for the month is 6.93%, and the median return, while low, also remains positive at 1.42%. Given the fact that there is no clear trend to pinpoint where the price is headed, the bears and the bulls look to have equal chances. But if it does turn out to be in the green, it is likely that the Ethereum price will witness a double-digit surge. Such a move would help it clear the $4,000 resistance with momentum. Q4 Still Has Potential Quarterly returns for the Ethereum price have not exactly been the best in the last quarter of the year, but that has not changed the fact that the altcoin tends to perform quite well overall. There is also the trend of Q4 ending in the green if the previous Q2 and Q3 were in the green, which is the case right now. In Q2 of 2025, the Ethereum price ended with an average positive return of 36.5% and in Q3, it followed with a 66.7% return, the highest so far. With October trending low, there is already a 4.83% decline this year, but with more than 2 months to go, there is still time for things to change. Related Reading: Why The Dogecoin Price Could Reverse To $0.5 As Momentum Reaches Historical Lows Only one year in history has the Ethereum price closed Q4 in the red after Q2 and Q3 ended in the green, and that was nine years ago in 2016. Since then, the trend has always seen the ETH price continuing the rally. This was the case back in 2017, and then again in 2020 and 2021. Since then, this trend has not returned, and 2025 is the first time in four years that the Ethereum price has ended both Q2 and Q3 in the green. If the historical performance holds, the Ethereum price could see an average of a 50% increase, or even double, like it did back in 2017 and 2020, before the year is over. Featured image from Dall.E, chart from TradingView.com

The financial world is witnessing an unprecedented shift, as Ethereum solidifies its position as the sole asset capable of becoming a multi-trillion-dollar institutional store of value. ETH is the only one currently demonstrating the scale, utility, and institutional acceptance to command and securely hold multi-trillion-dollar allocations, fundamentally redefining the future of global wealth preservation and growth. Why Ethereum Is The Foundational Role For Institutional Capital Ethereum has quietly become the final form of digital trust for institutions to store trillions of dollars. A market expert and entrepreneur, partnering with OKX and MEXC, Ted Pillows, has stated on the social media platform X that ETH decentralization is nearly impossible to replicate, a network that was largely community-funded, not VC-funded, and forged through proof-of-work (PoW). Related Reading: The Inevitable Convergence: How Ethereum Became The Settlement Layer For All Altcoins Furthermore, the reliability of ETH has been 100% uptime over 10 years of flawless operation and 16 successful upgrades. The ETH Layer 1 and Layer 2 architectures are designed to offer regulatory safety, where institutions can deploy compliant solutions. Meanwhile, the KYC-enabled Layer 2s do not compromise on the fundamental decentralization or security of the leading ETH blockchain. Maintaining A Buffer For Market Opportunities While Ethereum is a safe place for institutional investors to store trillions of dollars, analyst Luca has noted that the ETH price has shown strength as it bounced off the Weekly Bull Market Support Band, which has previously acted as a strong reversal over several weeks. This level also aligns with the high-timeframe support area marked in green, the same zone that served as a major resistance throughout most of 2024. Related Reading: Ethereum Price Faces Rejection Near Resistance Zone — Risk Of Deeper Correction Rises Luca believes that due to this confluence, and as long as the price holds above this range, the broader market structure will continue to favor the upside. However, ETH still faces a critical test ahead. Until it breaks above the golden pocket between the 0.5 and 0.618 Fibonacci retracement Point of Interest (POIs), the same zone that triggered the last rejection, the analyst highlighted that the best approach is to stay somewhat cautious. He also added that investors should be ready for further consolidation within the high-timeframe accumulation range.  As Luca has highlighted, the priority now is risk management. Avoid unnecessary leverage, don’t overexpose on short-term setups, and maintain a diversified portfolio with moderate exposure to defensive sectors. This will help ride out the volatility as ETH moves closer to the top of the cycle. While advocating for a cash buffer, the expert noted that if ETH breaks below the Weekly Bull Market Support Band, it would signal a potential deeper downside and justify hedging part of spot holdings to mitigate short-term risk. Featured image from Pxfuel, chart from Tradingview.com

Reports have disclosed a 400% rise in stablecoin transfers on Ethereum over the last 30 days, pushing total transfer volume to $581 billion and more than 12.5 million transfers, according to Token Terminal. Related Reading: 16,000 Ancient Bitcoins Just Moved—And It’s Costing Whales Billions The stablecoin market cap on Ethereum now tops $163 billion. At the same time, Ethereum has fallen about 4.50% in the past week, and briefly tested support near $3,738, which some traders called a buying opportunity. Whales Step In With Large Buys On-chain trackers show heavy buying from large holders. A newly created wallet, 0x86Ed, spent $32 million to pick up 8,491 ETH in roughly three hours, based on Arkham Intelligence records. Another high-profile account monitored by LookOnChain moved 284K USDC into Hyperliquid after recent liquidations, apparently to maintain long exposure to ETH. Reports say October’s stablecoin transaction volume on Ethereum passed $1.91 trillion for the second time on record, a sign that big flows are still moving through the network. USDT usage on Ethereum is at an all-time high, with key metrics up ~400% from Sep ’23 lows. Monthly transfer volume in September was $580.9 billion & transfer count 12.5 million. At a ~$500 billion valuation, @Tether_to is the most valuable business building on @ethereum. pic.twitter.com/Z83e68NO8C — Token Terminal ???? (@tokenterminal) October 13, 2025 Institutions Are Increasing Exposure CryptoQuant and exchange data point to a rise in institutional interest. CME futures open interest for ETH has climbed, suggesting larger players are setting positions ahead of a potential price move. Fundstrat’s Tom Lee was cited saying ETH could head toward $5,000 if the ETH/BTC ratio clears the 0.087 resistance. Matt Sheffield, CIO at Sharplink Gaming, told analysts that past liquidations did not stop real use and that the scale of payments on legacy systems — SWIFT processes about $150T a year — shows how much room exists for stablecoins to grow on Ethereum. Big money is flowing into #Ethereum institutional interest is clearly rising fast…. The surge in CME futures open interest signals that smart money is gearing up for a major $ETH move ahead… pic.twitter.com/8oUfApDeoP — BitGuru ???? (@bitgu_ru) October 23, 2025 Technical Setups Show Clear Levels To Watch Technical analysis experts have noted a confluence of indicators near today’s prices. Currently, ETH is trading near $3887, just above the significant Fibonacci retracement of 0.618 at $3781. The 0.786 retracement is near $3,640 with the level of formal invalidation set at $3443. Some technicians have pointed to a triple bottom trading pattern around $3600, as well as the potential for a new accumulation reading from a Wycoff re-accumulation pattern which could lead to higher targets (notably $5125 at the 1.618 extension. Related Reading: ‘Unthinkable Scenario’ Required For Bitcoin To Hit $250K, CEO Says Balance Between Flow And Risk In sum, with heavy stablecoin flow, whale buying, and increasing interest in futures, this has created a basis for bullish calls into the $5000 range. That said, chart patterns fail, on-chain movements may not lead to changes in price, and traders who remain cognizant of the ETH/BTC ratio, the invalidation line at $3443, and whether large transactions are transferring or being used for longer-term custody, may get more clarity in the coming sessions. Featured image from Motion Island, chart from TradingView

Ethereum is struggling to push above the $4,000 level, as market sentiment remains uncertain and volatility keeps investors cautious. Despite several attempts, bulls have failed to sustain momentum, suggesting hesitation at key resistance levels. However, new on-chain data is drawing attention to potentially large-scale liquidity moves that could influence Ethereum’s next direction. Related Reading: Bitcoin STH-SOPR Falls Below 1.0 for the First Time Since April – What This Means According to Lookonchain, an Ethereum OG holding 736,316 ETH (worth approximately $2.89 billion) recently deposited $500 million USDT into the vaults launched by ConcreteXYZ and Stable, just before their official announcement. This has sparked significant curiosity across the crypto community, as the transaction appears strategically timed and could signal preparation for major yield or liquidity activity. ConcreteXYZ is a next-generation liquidity protocol designed to connect institutional and DeFi capital through tokenized vaults. It allows users to allocate stablecoins and crypto assets into yield-bearing strategies while maintaining full transparency and composability within the Ethereum ecosystem. The whale’s massive deposit — preceding the public reveal — suggests potential insider positioning or high-conviction participation in these vaults. Such large inflows often act as early indicators of shifting liquidity dynamics, particularly when aligned with projects positioned at the intersection of DeFi infrastructure and institutional finance. Whale Dominance in Aave and Stablecoin Vaults Raises Strategic Questions According to Lookonchain, the same Ethereum OG who recently interacted with ConcreteXYZ and Stable deposited 300,000 ETH into Aave and borrowed $500 million USDT. Out of the total $775 million USDT deposited across the new vaults, this single whale accounted for 64.5% of the total liquidity, underscoring their dominant role in this sudden market activity. This move represents a sophisticated on-chain strategy often seen among experienced whales. By supplying ETH as collateral on Aave — one of the largest decentralized lending protocols — and borrowing USDT against it, the whale effectively unlocks liquidity without selling their Ethereum holdings. This allows them to deploy large sums into yield opportunities, such as the newly launched ConcreteXYZ vaults, while retaining exposure to ETH’s long-term upside. Such a concentration of liquidity from one entity can have several implications for the broader market. On one hand, it highlights growing confidence among deep-pocketed players in the DeFi ecosystem’s stability and profitability. On the other hand, it raises questions about market influence and systemic risk, since a single participant holds such a large portion of capital inflows. Related Reading: Chris Larsen Cashes Out: $764M In XRP Profits Since 2018 If this borrowed liquidity is used for yield farming or strategic positioning rather than short-term speculation, it could reinforce Ethereum’s ecosystem fundamentals by increasing DeFi activity and on-chain engagement. However, if market conditions deteriorate and collateral values fall, liquidations could amplify volatility. In essence, this massive Aave–ConcreteXYZ transaction demonstrates how whales leverage DeFi infrastructure to maintain dominance, optimize liquidity, and influence ecosystem-wide capital flows — making this one of the most significant on-chain moves of the quarter. Ethereum Rebounds but Faces Resistance Near $4,000 Ethereum’s price is currently trading around $3,964, showing signs of a modest rebound after recent volatility. The daily chart indicates that ETH has been attempting to recover from its October lows. But remains trapped below key resistance at $4,000–$4,200, where both the 50-day and 100-day moving averages converge. This is a zone that often acts as a strong rejection area during consolidation phases. Despite short-term gains, Ethereum’s broader structure still reflects uncertainty. The 200-day moving average, sitting near $3,200, continues to provide strong dynamic support, preventing a deeper breakdown. However, the inability to break above $4,000 has left the asset vulnerable to renewed selling pressure if momentum weakens. Related Reading: Bitcoin Trapped On Binance: The Battle Between $107K and $119K Heats Up Volume patterns suggest limited conviction among buyers, as each rally attempt has been met with fading strength. To regain a sustainable bullish outlook, Ethereum needs a decisive close above $4,200. This would signal a potential continuation toward $4,500 and higher. Conversely, failure to reclaim that range could lead to a retest of $3,600–$3,500. Featured image from ChatGPT, chart from TradingView.com

The crypto market continues to watch the Ethereum price closely as the year moves toward its final months. Analyst Bobby A shared his personal view about how he sees Ethereum performing through the last quarter. He said his forecast is only a loose guide, not a strict timeline, and that people should take it lightly. Still, his post gives a fascinating look into how the market could shift from uncertainty to strength before the year closes. Bobby A Shares His Outlook For The Ethereum Price Final Quarter Performance In his recent post on X, Bobby A shared his latest Ethereum price prediction, calling it a “very loose attempt” at guessing how the rest of the market cycle might unfold. He reminded his followers that he usually does not focus on time-based analysis and asked them to take his words “with a grain of salt.”  Related Reading: Dogecoin RSI Breakout Shows Main Target, Why $1 Is Still Possible The analyst’s prediction is based on the current market structure and suggests what could happen in the last quarter of 2025. He is more about giving direction than making an exact price call, suggesting that while short-term moves can be unpredictable, the bigger picture for the Ethereum price might be setting up for a shift as the year ends. Although he made it clear that this is not a firm price forecast, his post suggests that Ethereum could still face turbulence before regaining its strength. Analyst Sees October Weakness, November Recovery, And December ATHs In the same post, Bobby A gave a simple month-by-month outline of how he thinks the Ethereum price might move in the last quarter of 2025. He wrote that for the rest of October, the market could continue to “chop,” meaning prices may swing up and down with some downside risk still present. This prediction suggests that the market may not yet have found solid ground and could still test lower areas before recovering. Related Reading: Economist Explains The Reality Behind XRP Price Reaching $100,000, It Can’t Overtake Bitcoin However, he expects a recovery in November, pointing to a possible shift in market sentiment. This phase could bring back confidence among traders and start building momentum again. His most optimistic view comes for December, when he believes the Ethereum price could reach new all-time highs (ATHs). That shows that despite the shaky start, he sees potential for a strong finish to the year. Bobby A’s post on the Ethereum price reflects both caution and hope. While he admits that timing is tricky to get right, his breakdown paints a picture of improvement after short-term weakness. His view aligns with how some traders currently see Ethereum’s price: struggling now but showing signs of strength ahead. Whether or not the market follows this path, his post adds to the growing discussion about the Ethereum price potential price comeback before the year ends. Featured image created with Dall.E, chart from Tradingview.com

Ethereum price started a recovery wave from $3,700. ETH is moving higher but faces a couple of key hurdles near $3,900 and $3,955. Ethereum started a fresh recovery above $3,780 and $3,820. The price is trading above $3,850 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $3,920. Ethereum Price Eyes Upside Break Ethereum price started a minor recovery wave from the $3,710 zone, like Bitcoin. ETH price surpassed the $3,800 and $3,820 levels to enter a short-term positive zone. The price even spiked above $3,880, but the bears were active near the 50% Fib retracement level of the downward move from the $4,110 swing high to the $3,708 low. Besides, there is a bearish trend line forming with resistance at $3,900 on the hourly chart of ETH/USD. Ethereum price is now trading above $3,850 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,880 level and the trend line. The next key resistance is near the $3,955 level or the 61.8% Fib retracement level of the downward move from the $4,110 swing high to the $3,708 low. The first major resistance is near the $4,020 level. A clear move above the $4,020 resistance might send the price toward the $4,120 resistance. An upside break above the $4,120 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,150 resistance zone or even $4,165 in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,900 resistance, it could start a fresh decline. Initial support on the downside is near the $3,820 level. The first major support sits near the $3,800 zone. A clear move below the $3,800 support might push the price toward the $3,720 support. Any more losses might send the price toward the $3,650 region in the near term. The next key support sits at $3,620. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,800 Major Resistance Level – $3,900

Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to trade slightly below the psychologically important $4,000 price level, following the brutal drawdown on October 9, which saw the digital currency test the support at around $3,435. Ethereum Stays Above Realized Price – Bullish Momentum Soon? According to a CryptoQuant Quicktake post by contributor TeddyVision, Ethereum is trading above its Realized Price at approximately $2,300. Dubbing the price level a “fundamental support zone,” the analyst said that historically, any dips below this level have marked a capitulation phase. Related Reading: Here’s What Happens To The Ethereum Price If Bullish Momentum Holds For the uninitiated, Realized Price represents the average cost basis of all ETH holders, calculated by dividing the total value of all ETH at the time they last moved on-chain by the current circulating supply.  Realized Price effectively shows the “true” average price investors paid, serving as a key indicator of whether the market is in profit or loss. As long as ETH trades above Realized Price, the market structure is likely to remain bullish. The analyst also highlighted Ethereum’s Market Value to Realized Value (MVRV) ratio. Notably, ETH holders are currently, on average, at 67% profit relative to their cost basis. This metric gives two major hints about the current market. First, it shows that although the market is profitable, it is still far from “overheated” levels. Second, it indicates that market participants are confident about the market’s upward momentum, but not quite euphoric. To explain, the MVRV ratio compares the market value of an asset to its realized value. A higher MVRV indicates holders are sitting on larger unrealized profits – often signaling potential overvaluation – while a lower MVRV suggests undervaluation or market fear. Further, TeddyVision noted Ethereum’s reaction from the Upper Realized Price Band, which is currently located around $5,300. The analyst remarked: Price pulled back before reaching the “Overheating Zone. This isn’t a reversal – it’s a consolidation phase after distribution, a healthy cooldown without structural damage. Finally, spot inflows of ETH to crypto exchanges are also slowing down, hinting that the next leg up for the digital asset will likely depend on fresh liquidity, and not leverage. To sum it up, Ethereum is slowly moving from the distribution phase to the consolidation phase. Is It A Good Time To Buy ETH? While providing reliable future predictions in the crypto market remains a challenging task, fresh on-chain and exchange data point toward ETH regaining its bullish momentum. For instance, Binance funding rates recently hinted that ETH could surge to $6,800. Related Reading: Ethereum Poised For Breakout? SOPR Trend Hints At $5,000 Upside Similarly, ETH reserves on exchanges continue to fall at a rapid pace. Earlier this month, ETH supply on exchanges hit a multi-year low, increasing the probability of a potential “supply crunch” that can dramatically increase ETH’s price. That said, crypto analyst Nik Patel recently cautioned that ETH’s price correction may not yet be fully over. At press time, ETH trades at $3,849, up 0.3% in the past 24 hours.  Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Ethereum is holding firm within the $3,600–$3,800 range, showing resilience despite recent market pullbacks. Such a consolidation phase could be the calm before a major breakout, as chart patterns hint at a possible pre-rally formation that might propel ETH toward new all-time highs. Potential Right Shoulder Formation Signals Structural Strength Crypto analyst MarketMaestro delivered a detailed technical update on ETH, noting that the asset recently suffered a key rejection at its neckline resistance. Following this failure, the price is now positioned in a crucial retest phase at a red diagonal resistance line that it had previously surpassed. ETH’s market’s success in holding this diagonal is essential to avoid completely losing the bullish momentum built up in the prior moves. Related Reading: Ethereum Slides Gradually — Buyers Losing Control As Market Turns Cautious The analyst further noted that the current price movement suggests ETH could be forming a right shoulder in this region. This structural development is highly significant because the right shoulder simultaneously works to complete two major, highly bullish chart patterns.  It is the final component needed to create the handle for the Cup and Handle pattern, while forming a larger Inverse Head and Shoulders (Inverse H&S) pattern. The simultaneous formation of both the Inverse H&S and the Cup and Handle in the same area is extremely rare and powerful, indicating that the market is setting the stage for highly bullish formations for the next quarter. Considering this powerful confluence of classic reversal and continuation patterns, along with the behavior of the broader market index, MarketMaestro views this entire consolidation phase not as weakness but as a logical pre-rally setup. He concludes with a high degree of confidence that the “pain threshold” or the maximum expected downside risk will likely not be very high. Bullish Bias Intact As Long As Support Remains Firm In a recent update, analyst Crypto Candy noted that the ETH scenario remains largely unchanged, despite recent market movements. A key takeaway from the analysis is that the asset is demonstrating significant resilience by strongly holding the crucial support zone between $3,600 and $3,800. Related Reading: Here’s What Happens To The Ethereum Price If Bullish Momentum Holds The analyst reiterated the importance of this specific range, emphasizing that as long as the $3,600–$3,800 zone successfully sustains, the medium-term bullish outlook remains firmly in place. This suggests that buyers are aggressively defending this level, preventing a deeper correction from continuing. Given the strength shown at this support level, Crypto Candy maintains a strong price forecast: the market is expected to target $4,700, with the potential to reach a new ATH. This bullish bias, the analyst concludes, remains valid until the $3,600–$3,800 support zone is breached. Featured image from Getty Images, chart from Tradingview.com

Ethereum price started a recovery wave from $3,700. ETH is moving higher but faces a couple of key hurdles near $3,850 and $3,920. Ethereum started a fresh recovery above $3,750 and $3,800. The price is trading below $3,850 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $3,850 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $3,920. Ethereum Price Dips Again Ethereum price started a minor recovery wave from the $3,700 zone, like Bitcoin. ETH price surpassed the $3,750 and $3,800 levels to enter a short-term positive zone. The price even cleared the 23.6% Fib retracement level of the downward move from the $4,110 swing high to the $3,708 low. However, the bears remained active near the $3,840 resistance zone and prevented an upside continuation. Ethereum price is now trading below $3,850 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,845 level. Besides, there is a short-term bearish trend line forming with resistance at $3,850 on the hourly chart of ETH/USD. The next key resistance is near the $3,920 level or the 50% Fib retracement level of the downward move from the $4,110 swing high to the $3,708 low. The first major resistance is near the $3,950 level. A clear move above the $3,950 resistance might send the price toward the $4,020 resistance. An upside break above the $4,020 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,120 resistance zone or even $4,150 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,850 resistance, it could start a fresh decline. Initial support on the downside is near the $3,800 level. The first major support sits near the $3,740 zone. A clear move below the $3,740 support might push the price toward the $3,700 support. Any more losses might send the price toward the $3,650 region in the near term. The next key support sits at $3,620. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,740 Major Resistance Level – $3,850

Investors are in wait-and-see mode as the U.S. shutdown stalls data releases and China signals restraint on export controls, keeping markets range-bound ahead of Friday’s CPI report.

In the race to build faster, cheaper, and more scalable blockchains, every major altcoin ecosystem has traced back to Ethereum. What began as a single programmable blockchain has evolved into the base layer of liquidity, infrastructure, and innovation for the broader crypto economy. Two High-profile Chains That Chose Integration Over Isolation A new compelling argument has emerged, which redefines the future of Layer 1 (L1) blockchains, particularly those compatible with the Ethereum Virtual Machine (EVM). According to the Head of the Ecosystem at Ethereum Foundation, James_gaps, Celo and Ronin have proved why every altcoin’s L1 might eventually become an ETH L1. Related Reading: Ethereum Fusaka Upgrade Set To Redefine ETH Performance — Here’s What to Expect Celo has shut down 110 validators and cut security costs by 99.8%, from $6.9 million per year to just $13,200. Meanwhile, Ronin, another significant gaming-focused L1, has paid out $35 million in staking rewards since 2023 to maintain its L1. Currently, they’re redirecting that capital to developers who actually drive revenue. Despite the shift, they remain vibrant and are processing 350,000 daily active addresses across 1000 live games, with transaction activity surpassing even the peak of Axie Infinity’s 2.8 million-user era back in 2022. With the impending Fusaka upgrade, blob capacity is increasing eightfold, further enhancing their scalability. However, James_gaps explained that the founder of Ronin put it best, and in all EVM L1s are future L2s. When you can outsource security to ETH for pennies on the dollar instead of millions, while still retaining your user base and maintaining sovereignty, the economic rationale for becoming an L2 becomes undeniable. Building The Base For The Next Leg Higher Ethereum is demonstrating strength in terms of blockchain performance and price. Analyst Luca has noted that the ETH price has continued to consolidate around the higher timeframe support range marked in green, which previously acted as a strong resistance throughout 2024, capping multiple local tops. The flip from resistance to support now aligns with the Weekly Bull Market Support Band, a zone that has served as a reliable support over the past few months. Related Reading: Here’s What Happens To The Ethereum Price If Bullish Momentum Holds Luca believes that as long as ETH holds above these levels, the mid-term outlook remains bullish. In the coming days, the key test will become the resistance range marked in purple on the lower timeframes, which aligns with the golden pocket between the 0.2 and 0.618 Fibonacci Point of interest (POIs). A decisive break above this zone would confirm bullish continuation. Furthermore, if the price fails to hold the Weekly Bull Market Support Band near the $3,790, and makes a decisive daily close below it, the expert is set to hedge part of my spot holdings to mitigate short-term downside risk. Until that breakdown actually occurs, the mid-term structure will remain bullish. Though the current consolidation appears to be a healthy base before the next move higher. Featured image from Getty Images, chart from Tradingview.com

The broader crypto market is currently navigating a phase of uncertainty, with concerns mounting over the possibility of a new bear market. A recent analysis by Barchart analyst Rob Isbitts highlights three significant signals suggesting that a deeper retreat in crypto prices may be on the horizon. Emerging Correlations Among Crypto Prices  The report points to notable trends observed in April of last year, when a 50% increase followed the launch of several spot Bitcoin exchange-traded funds (ETFs_. Specifically, BlackRock’s IBIT fund which boasts over $85 billion in assets under management, subsequently experienced a decline of approximately 25%.  Related Reading: Bear Market Alert: Top Expert Claims Bitcoin Price Fate Hangs On $101,700 Support Level A similar pattern was evident in the early months of this year, where fluctuations were mirrored in the market as increased outflows in these investment vehicles began to rise.  Currently, the Percentage Price Oscillator (PPO)—a key indicator used by Isbitts—signals increasing chances of a decline in Bitcoin’s price as the weeks progress. Ethereum (ETH) appears to be following a comparable trajectory. Isbitts notes that while Bitcoin remains the leading cryptocurrency, the correlation among various coins is strengthening over time. This heightened correlation implies that Ethereum may also experience declines in tandem with Bitcoin.  However, for cryptocurrencies that are further removed from the Bitcoin core, such as Solana (SOL), additional risks emerge. In these cases, not only does correlation impact prices, but a higher “beta” can lead to even steeper declines, reflecting increased volatility. For instance, when Bitcoin recently dropped about 15% from its peak, the futures -based Solana ETF (SOLZ), which has attracted over $220 million in assets in less than seven months, fell by double that percentage.  Has Gold Regained Its Safe Haven Status Against Bitcoin? A common thread among the charts shared by Isbitts, is the recent formation of lower lows, indicating a pressing need for a rebound. If this does not occur soon, the expert highlights that the likelihood of further declines in crypto prices increases.  The report also discusses a shift in the perception of gold, which has traditionally been viewed as an “anti-US dollar asset.” The expert asserts that as global central banks increase their gold reserves, the dynamics of the market may be changing.  Related Reading: Solana Co-Founder Ventures Into Perpetual DEX Development: What You Should Know Recently, gold has exhibited price movements akin to those seen in cryptos, suggesting a potential resurgence in its role as a safe haven. This shift has impacted crypto stocks and ETFs, with certain funds showing signs of vulnerability as indicated by the PPO nearing a one-year high. A longer-term analysis of Bitcoin by Isbitts illustrates its inherent volatility, yet it has consistently managed to achieve higher highs over time. While this trend may continue, the current market conditions suggest that any future rallies are likely to start from lower price levels.  As of this writing, however, Bitcoin, the market’s leading crypto, has regained the $112,900 mark, rising 3% in the last hour of Tuesday morning’s trading session.  Featured image from DALL-E, chart from TradingView.com 

In a market update on Oct. 10, technical analyst Nik Patel (@OstiumLabs) argued that Ethereum is approaching a make-or-break zone where the next few sessions could define whether the advance resumes or a deeper unwind unfolds. With spot ETH quoted around $4,000, Patel anchored his thesis to a tight cluster of reclaim and invalidation levels on both ETH/USD and ETH/BTC, emphasizing that lower-timeframe behavior must align with higher-timeframe structure to keep the bullish path open. Key Price Levels For Ethereum Now On the weekly ETH/USD chart, Patel said the market “wicked lower into the August open last week but held above the previous weekly low and trendline support,” resulting in an inside week that nevertheless closed “marginally below that major pivot.” The pivot is explicit: “We want to see this pivot at $4,093 reclaimed immediately and not flipped into resistance here on the lower timeframes, or else we could expect another flush of the lows towards that 2025 open.” Related Reading: Ethereum Death Cross That Last Preceded A 60% Drop Just Returned If buyers do force the reclaim, Patel expects last week’s action to stand as a quarterly low: “If we do reclaim $4,093 here, which is what I expect, we should have our quarterly low now in and I would want to see $4,400 flipped into support for the move higher into all-time highs and beyond.” He framed the weekly invalidation at $3,700, warning that a close below would put the yearly open on watch as “last-stand support” for the bullish structure; failure there risks “a much bigger unwind back into $2,850.” Patel’s base case remained constructive: “acceptance back above $4,093 into next week and then a close above $4,400 for October, leading to new highs through $5,000 in early November and a very strong month for ETH.” The daily ETH/USD read connects that high-timeframe blueprint to momentum and market structure. Patel noted “momentum exhaustion into the lows” followed by a higher-low last week, a formation that now must be defended. He wants to see the sequence reassert itself with a drive above the mid-range and a subsequent higher-low above the weekly pivot: “we absolutely want to see this structure now protected and price to form a higher-high above the mid-range at $4,352 and then another higher-low above $4,093 before a breakout higher and a push towards fresh highs.” For confirmation of an impulsive leg, he flagged a trendline break, a flip of the ATH-anchored VWAP into support, and an RSI regime shift: “If we get a trendline breakout and price flips that ATH VWAP into support with daily RSI above 50, I’d expect a move into $4,950 very swiftly, followed by price discovery in November.” The daily invalidation mirrors the weekly logic: if $4,093 acts as resistance and the market pushes below $3,700—then closes beneath it—“we’re absolutely retesting the yearly open,” in his view. ETH Vs. BTC Against Bitcoin, Patel contends that the relative pair has likely printed its Q4 low. On the weekly ETH/BTC chart, price was rejected at trendline resistance, then retraced to the yearly open and held, closing “marginally green” while respecting trendline support off the 2025 lows. “It is my view that the Q4 low for the pair has formed here,” he wrote, adding that a retest and break above the descending boundary into early November would set the stage for a measured expansion: “acceptance above 0.0417 opens up the next leg higher into 0.055.” He placed weekly invalidation at 0.0319. Related Reading: Ethereum Kimchi Premium Spikes To New High — Sign Of Impending Sell-Off? The daily ETH/BTC map refines those signals into actionable levels. Price “marked out that low between 0.0319 and the yearly open before bouncing hard and reclaiming 0.036 as support.” Ideally, 0.036 now acts as a springboard; if not, Patel allows for a higher-low “above the 0.0319 level before continuation higher.” The tactical tell would be a flip of nearby supply: “If we can flip 0.0379 as reclaimed support here, that would be promising for the view that a trendline breakout is imminent, following which I would expect 0.0417 to be taken out and price to head higher, with minor resistance above that at 0.049 before 0.055.” He also identified a confluence band below: “We have a confluence of support between 0.0293 and 0.0319, so flipping that range into resistance would be very bearish ETH/BTC.” Taken together, Patel’s Oct. 10 blueprint hinges on three synchronizations: ETH/USD must swiftly reclaim and defend $4,093; $4,400 must convert from ceiling to floor to clear the runway toward prior highs and a potential $4,950 extension; and ETH/BTC should drive through 0.0379 and then 0.0417 to confirm relative-strength breadth beneath any dollar-denominated breakout. The downside is equally crisp: failure to reclaim $4,093, a weekly close below $3,700, and a subsequent loss of the yearly open would validate the risk that, in Patel’s words, Ethereum could “unwind back into $2,850.” At press time, ETH traded at $3,872. Featured image created with DALL.E, chart from TradingView.com

Coming out of the weekend, the Ethereum price has seen a rise in its bullish momentum. While it is still in its early stages, there is the possibility that the bulls are able to hold this momentum for a reasonable amount of time, thereby pushing sentiment straight into the positive once again. If this happens, then it carries some implications for the Ethereum price and could trigger the next wave of rallies for the cryptocurrency. Ethereum Price Eyes Next Breakout Speaking on the recent bullish momentum that the Ethereum price has enjoyed, crypto analyst Klejdi Muni revealed that this was a direct result of the formation of a bullish flag pattern on the chart. Not only did the Ethereum price complete this bullish formation, but it was also able to break above the flag, something that is very bullish for the cryptocurrency. Related Reading: Bitcoin Holding Above Gaussian Channel, Bull Market Structure Still Intact The initial breakout above the $4,000 resistance shows that bulls are picking up momentum, and the only hurdle now is to keep this momentum going. If the momentum is sustained, then the next target for the Ethereum price to beat would be at the $4,285 level. Once this level is broken, then it is only a matter of time before Ethereum rallies in what could be another campaign for new all-time highs. On the flip side of this, though, is the possibility that bears would be able to drag the price back downward. This would happen if the support at $3,900 were to be broken. Such a move could invalidate the entire bullish thesis, especially if they are able to stop the current bullish momentum in its tracks. Thus, Ethereum bulls must keep the price above the $3,900 support if they want to maintain the current trajectory. Bullishness Is The Order Of The Day Another crypto analyst, Linofx1, has also echoed the bullish sentiments surrounding the Ethereum price. In their own analysis, Lino expressed that the Ethereum price was now bullish after testing a significant daily support level above $3,800. Related Reading: XRP Wallets Holding Over 10,000 Tokens Hit Record High Amid Price Recovery With this, there was the formation of an Inverted Head and Shoulders pattern, which is ultimately bullish for any digital asset. The price was able to complete a breakout from the neckline, rising to the top before encountering some resistance. This, the analyst explains, shows that there has been a local change of character from bearish to bullish. From here, the analyst highlights that the next level that needs to be broken is the $4,300 level. This is eerily close to Muni’s $4,285 resistance that holds the key to the next breakout. Featured image created with Dall.E, chart from Tradingview.com

Ethereum price started a recovery wave above $3,950. ETH failed to clear $4,050 and recently started a fresh decline below $4,000. Ethereum started a fresh recovery above $3,880 and $3,980. The price is trading below $3,950 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,840. Ethereum Price Fails Again Ethereum price started a decent recovery wave above the $3,800 resistance, like Bitcoin. ETH price surpassed the $3,880 and $3,980 levels to enter a short-term positive zone. The price even cleared the 50% Fib retracement level of the downward move from the $4,292 swing high to the $3,677 low. However, the bears remained active near the $4,080 resistance zone and prevented an upside continuation. The price failed to settle above the 61.8% Fib retracement level of the downward move from the $4,292 swing high to the $3,677 low. There was a fresh decline below $4,000. Besides, there was a break below a bullish trend line with support at $3,960 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,960 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,980 level. The next key resistance is near the $4,050 level. The first major resistance is near the $4,080 level. A clear move above the $4,080 resistance might send the price toward the $4,120 resistance. An upside break above the $4,120 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,220 resistance zone or even $4,250 in the near term. Downside Break In ETH? If Ethereum fails to clear the $3,980 resistance, it could start a fresh decline. Initial support on the downside is near the $3,860 level. The first major support sits near the $3,840 zone. A clear move below the $3,840 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,680 region in the near term. The next key support sits at $3,620. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,840 Major Resistance Level – $4,050

On-chain data shows the Ethereum MVRV Ratio has just given a signal that last took the cryptocurrency’s price from $3,300 to $1,400. Ethereum MVRV Ratio Has Formed A Death Cross In a new post on X, analyst Ali Martinez has talked about a signal that has appeared for Ethereum in the Market Value to Realized Value (MVRV) Ratio. This on-chain indicator measures the ratio between the ETH Market Cap and Realized Cap. Related Reading: Bitcoin Crashes To $105,000, Sentiment Sinks Into Extreme Fear The Realized Cap here is a capitalization model for the cryptocurrency that calculates its total value by assuming the ‘real’ value of each token in circulation is equal to the price at which it was last transacted on the blockchain. Since the last transaction of any token is likely to represent the last time it changed hands, the price at its time would denote its current cost basis. As such, the Realized Cap is a measure of the total cost basis of the ETH circulating supply. In other words, the model represents the amount of capital the investors as a whole have put into the asset. The Market Cap, on the other hand, signifies the value that the investors are carrying in the present. Thus, its comparison with the Realized Cap in the MVRV Ratio tells us about the profit-loss situation of the holders. When the value of the indicator is greater than 1, it means the investors are holding more value than they put in. On the other hand, it being under the cutoff suggests the overall market is underwater. Now, here is the chart shared by Martinez that shows the trend in the Ethereum MVRV Ratio and its 160-day moving average (MA) over the past year: As displayed in the above graph, the Ethereum MVRV Ratio has witnessed a decline recently as ETH’s price has gone down, implying holder profitability has been dropping. With the latest drawdown, the indicator’s daily value has plunged below the 160-day MA. In the chart, Martinez has highlighted the previous instances of this crossover taking place. It would appear that the MVRV Ratio’s fall under this line in February led into a significant decrease in the ETH price from $3,300 to $1,400, a swing of almost 60%. Other instances of the crossover, however, didn’t mean much for Ethereum. It should be noted, though, that in these instances, including the one from earlier in the month, the metric was swift to recover back above the line, essentially canceling out the death cross. Related Reading: Next Dogecoin Stop Could Be $0.33 If This Level Holds, Analyst Says It now remains to be seen whether the latest break below the line is going to be a sustainable one like in February, or if it will be another quick dip. ETH Price At the time of writing, Ethereum is floating around $4,000, down 2% over the last week. Featured image from Dall-E, Glassnode.com, chart from TradingView

The Ethereum network was built to democratize a finance platform where anyone, anywhere, could deploy code and create value. With no centralized oversight, ETH has become a stage where builders and grifters coexist, each leveraging the same tools of decentralization to vastly different ends.  Can Ethereum Evolve Beyond Its Culture Of Exploitation? Ethereum has always been more than just a cryptocurrency. It’s a programmable, open finance framework that allows anyone to build and exploit ETH. According to AdrianoFeria’s post on X, this openness has enabled innovation and also allowed countless grifters to accumulate vast amounts of ETH by selling low-quality tokens and NFTs to retail investors. Related Reading: Ethereum Has A Fundamental Problem, Warns Cyberpunk Nick Szabo The mechanism of extraction was simple yet profound, so that retail investors, ironically seeking to gain more ETH exposure through higher beta plays, ended up parting with the very asset they sought to accumulate. These grifters effectively extracted ETH that might have otherwise remained in the hands of long-term holders. However, one of the earliest and most glaring examples was EOS. At its peak, it held about 7.2 million ETH, which is roughly 6% of the total supply, marking the largest single treasury in existence.  A subsequent wave of Initial Coin Offering (ICO) and NFTs is believed to have extracted more ETH from the hands of long-term retail holders. This continuous speculative excess transferred wealth, creating selling pressure that ultimately slowed down ETH’s long-term appreciation. Furthermore, Adriano Feria asserts that ETH has finally moved beyond that phase and will be reflected in price action (PA) with steadier growth and much stronger relative strength during market corrections. Institutions are actively embracing ETH, and even hardcore BTC maximalists have been forced to acknowledge ETH’s technological strengths and the undeniable institutional traction it has attracted.  These expectations are for a boring supercycle, and with crypto commentators (CT folks) still trying to call the top. Still, this very stability and institutional foundation is precisely what the ETH supercycle is meant to look like. Why Ethereum Legacy Belongs To Everyone A digital artist, ArtvisionNFT, from Ukraine, who specializes in NFTs, has revealed that in the fast-moving world of blockchain, history is at risk of being forgotten. As a result, the Covalent_HQ Ethereum Wayback Machine (EWM) was built to ensure the full history remains intact and accessible to everyone, anywhere, to access the verified blockchain data. Related Reading: Ethereum On-Chain Bloodbath: Rugs And Scams Erode Retail Confidence, What To Know However, EWM acts as a digital time capture, collecting, verifying, and storing old block using a decentralized system. Those process ensures that developers can use EWM to audit smart contracts, build analytics, and trace blockchain activity. EWM protects the transparency, accountability, and innovation in the broader Web3 ecosystem. At its core, Covalent_HQ’s mission is to make sure ETH’s story is never lost. Featured image from Getty Images, chart from Tradingview.com

A rare signal from a legendary market analyst has caught traders’ attention as the Ethereum and Solana price begins to show potential reversal signs. With the broader crypto market still in a slump, a subtle alert from the inventor of one of the most respected technical indicators has analysts wondering whether a major shift is about to unfold in ETH and SOL.  Bollinger Inventor Signals Ethereum And Solana Price Explosion John Bollinger, technical analyst and inventor of the world-famous Bollinger Bands indicator, has shocked the broader crypto community after identifying potential “W” bottoms forming on the Ethereum and Solana charts. In his market commentary on X social media, Bollinger noted that while Bitcoin has yet to exhibit similar signals, the ETHUSD and SOLUSD pairs are shaping up in a way that demands attention.  Related Reading: Ethereum Price Could Surge To $6,400 With New Bullish Wave, But There’s A Problem Notably, Bollinger’s cautious but bullish statement immediately drew attention from fellow market analysts. Satoshi Flipper, a well-known crypto expert, revealed that Bollinger typically makes only one such market call each year and has not issued one for Ethereum in three years. He disclosed that the last time the Bollinger Bands inventor made a similar statement was in September 2022, just before the ETH price surged from around $1,290 to nearly $4,000.  Due to Bollinger’s selective and historically accurate calls, analysts see it as an early sign of a potential reversal of a downtrend or consolidation into an explosive breakout. If the inventors’ analysis proves accurate once again, both Ethereum and Solana could be sitting at the foundation of one of their strongest bull rallies  Analysts Predict Bullish Targets For ETH And SOL Two separate technical analyses also highlight an optimistic outlook for the Ethereum and Solana prices. Crypto analyst Lark Davis highlighted that Solana’s chart structure appears “very constructive,” with the Relative Strength Index (RSI) approaching a momentum breakout and the Moving Average Convergence Divergence (MACD) gearing up for a bullish cross.  Related Reading: Solana Price At Risk Of 50% Crash To $104 After Forming This Larger Bearish Trend Davis noted that Solana’s price action is forming a clear Double Bottom, a classic reversal pattern. Should the neckline break, he projects a potential price target near $250, provided bulls can defend the 200-day EMA. With Solana trading around $192, a rally to that target would mark roughly a 30% gain.  Ethereum’s technical outlook is even more dramatic. Analyst Merlijn the Trader stated on X that ETH has been developing the most explosive setup since the 2017 bull cycle, pointing to a textbook Bullish Pennant pattern on the monthly chart. Historically, such formations precede massive continuation once the price breaks above the upper boundary of the pattern.  Merlijn’s chart analysis projects an eventual breakout target around $8,500, suggesting that Ethereum could set a new all-time high soon. Considering that the ETH price is sitting above $4,000, a surge to this bullish target would more than double its value, marking an impressive 110% increase. Featured image from Getty Images, chart from Tradingview.com

John Bollinger, the inventor of Bollinger Bands and a figure whose occasional crypto market calls carry outsized weight, says Ethereum and Solana are tracing potential “W” bottoms—while Bitcoin is not. In a post on X on October 18, Bollinger wrote: “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in BTCUSD. Gonna be time to pay attention soon I think.” Potential ‘W’ bottoms in Bollinger Band terms in $ETHUSD and $SOLUSD, but not in $BTCUSD. Gonna be time to pay attention soon I think. — John Bollinger (@bbands) October 18, 2025 Ethereum And Solana Price: What To Watch Now The emphasis on “Bollinger Band terms” is doing heavy lifting here. In classic Bollinger taxonomy, a W bottom is a two-trough reversal with the second low holding above the first, often accompanied by a volatility signature that includes a prior band expansion, subsequent contraction, and a failure to register a lower low at the bands on the second leg. Related Reading: Ethereum Kimchi Premium Spikes To New High — Sign Of Impending Sell-Off? The more robust versions see the second low forming inside the bands or with a positive divergence against the lower band, followed by a band “pinch” and a move through the middle band that transitions into an upper-band walk. Bollinger’s phrasing—“potential” and “time to pay attention”—signals that, in his framework, pattern recognition precedes confirmation, and that the validation trigger lies in subsequent price interaction with the middle and upper bands rather than in the raw shape of the price lows alone. The rarity of Bollinger’s crypto commentary layered urgency onto the signal. As crypto trader Satoshi Flipper (@SatoshiFlipper) stressed, “John Bollinger, creator of Bollinger Bands, makes barely 1 crypto call per year and hasn’t made one for ETH in 3 years until yesterday. And each call he makes goes on to mark generational bottoms. He just told us SOL + ETH have bottomed, now imagine fading this legend.” The same account detailed that Bollinger’s last notable Ethereum call dates to September 9, 2022, noting that ETH “went on to pump from $1,290 to $4,000.” That historical reference captures the prevailing market psychology: Bollinger’s infrequent, technically disciplined alerts are perceived by many traders as cycle-defining. Context from earlier this year also helps frame the setup. On April 10, Bollinger publicly flagged a similar structure in Bitcoin, saying: “Classic Bollinger Band W bottom setting up in BTCUSD. Still needs confirmation.” In the exact same week, BTC carved out a bottom at $74,508 and proceeded to log seven straight green weekly candles, advancing roughly 55%. From Bollinger’s call into the first week of October, BTC rallied more than 70%. Related Reading: Ethereum Will Flip Bitcoin, Predicts Tom Lee: Here’s Why And When The market nuance in Bollinger’s latest readout is the explicit exclusion of Bitcoin. If ETHUSD and SOLUSD are printing W-like structures in Bollinger terms while BTCUSD is not, it implies a temporary decoupling in volatility structure and relative strength. In practical terms, a non-confirming Bitcoin can either lag into a later confirmation, remain range-bound in a mid-band churn, or fail its own setup if lower-band interactions persist without recapture of the middle band. For Ethereum and Solana, confirmation would typically look like sustained closes above the 20-period moving average (the Bollinger middle band), followed by a disciplined advance that converts the upper band from resistance into a guide. A healthy W bottom sequence tends not to produce immediate, vertical band overthrows; rather, it builds a stair-step profile with periodic mid-band checks that hold. Failure would involve another lower-band excursion that undercuts the second trough or a volatility bloom that widens the bands without directional follow-through—both signatures of an incomplete base. At press time, ETH traded at $4,037. Featured image created with DALL.E, chart from TradingView.com

Ethereum price started a recovery wave above $3,880. ETH is now rising and might aim for more gains if it clears the $4,050 resistance. Ethereum started a fresh recovery above $3,800 and $3,880. The price is trading above $3,920 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,940 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,050. Ethereum Price Rises Again Ethereum price struggled to settle above $4,050 and corrected most gains, like Bitcoin. ETH price declined below the $4,000 and $3,800 levels. It even tested the $3,680 zone. A low was formed at $3,677 and the price is now correcting losses. There was a decent move above the 50% Fib retracement level of the recent decline from the $4,292 swing high to the $3,677 low. Besides, there was a break above a key bearish trend line with resistance at $3,940 on the hourly chart of ETH/USD. Ethereum price is now trading above $3,920 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,050 level and the 61.8% Fib retracement level of the recent decline from the $4,292 swing high to the $3,677 low. The next key resistance is near the $4,120 level. The first major resistance is near the $4,220 level. A clear move above the $4,220 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,440 resistance zone or even $4,500 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,050 resistance, it could start a fresh decline. Initial support on the downside is near the $3,940 level. The first major support sits near the $3,880 zone. A clear move below the $3,880 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,680 region in the near term. The next key support sits at $3,620. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,880 Major Resistance Level – $4,050

The price of Ethereum appears to be recovering nicely over the weekend after a period of investor uncertainty. The “king of altcoins”, following what looked like an aggressive return above the $4,200 level earlier this week, is now lagging under the psychological $4,000 mark. While the Ethereum price has been building some positive momentum over the past day, the shadows of the October 10 downturn still seem to be weighing on investor sentiment. A market phenomenon known as the “Kimchi Premium” suggests a few tedious weeks ahead for the second-largest cryptocurrency. What Happened Last Time Kimchi Premium Saw A Similar Surge In a recent post on the social media platform X, market analyst CryptoOnchain revealed that the Kimchi Premium has been on the rise over the past weeks. This observation is based on the movement of the on-chain indicator Korea Premium Index, which measures the price difference between South Korean exchanges and other global exchanges. Related Reading: More Pain Ahead? Bitcoin Trendline Breach Sparks Talk Of Corrective Wave In Play This metric, or the “Kimchi Premium,” shows how much extra Korean traders are willing to pay for a particular cryptocurrency (Ethereum, in this case). When the index is positive, it means that Korean retailers are willing to pay a premium for the crypto assets. Meanwhile, a negative Korean Premium Index signals that the retailers are only willing to buy the cryptocurrency at a discount. According to CryptoOnchain, the Korea Premium Index for Ethereum recently saw a notable surge to around 8.2%, its second-highest level this year. The market analyst noted that this level of Kimchi Premium is a troubling sign, as it historically suggests extreme retail FOMO (Fear of Missing Out) and a potential price top. Typically, whales tend to take advantage of the price gap by selling on Korean exchanges when the Korea Premium Index is on the rise. Due to increased selling pressure, the Ethereum price now faces a greater risk of correction. For instance, the last time ETH saw a Kimchi Premium this high was in January, coinciding with the price fall to around $1,500. With this in mind, investors might want to tread with caution, as the odds of a sustained downward trend are significantly higher. Ethereum Price At A Glance As of this writing, the price of ETH stands at around $3,875, reflecting no significant change in the past 24 hours. In what was expected to be a bullish period for the cryptocurrency market, “Uptober” has not particularly lived up to the expectations of investors. After a positive start to the month, the Ethereum price is currently down by almost 10%. Related Reading: Analyst Predicts XRP Price Will Hit $1,200 With 50,000% Run Driven By These Factors Featured image from DelishGlobe, chart from TradingView

The firm's top researcher says the structural bull case is intact, pointing to AI capex, stablecoins and tokenization as tailwinds even after this month’s shakeout.

Tom Lee says Ethereum can overtake Bitcoin—“flip” it—by playing for dollar-dominance in a world of tokenized assets, even as he remains emphatically bullish on Bitcoin’s monetary role and long-term price. In a podcast exchange with Cathie Wood, Lee framed the coming competition through a 1971-style lens, arguing that the end of the gold standard catalyzed a wave of financial engineering that ultimately made dollar-based equities far larger than gold; in his telling, the broad tokenization of money and assets will rhyme with that history, positioning Ethereum’s smart-contract rails to capture the lion’s share of activity. Will Ethereum Flip Bitcoin? Wood set the premise with ARK’s top-down view of crypto’s addressable market by decade’s end. “You know, the ecosystem we expect to hit $25 trillion in 2030, the vast majority of that in Bitcoin,” she said, citing Bitcoin’s role as “a global monetary system, you know, rules based that we’ve been missing since the US went off the gold exchange standard in 1971.” She asked Lee directly: “I’d love to hear your thoughts on why ETH or the ecosystem will surpass Bitcoin.” Related Reading: Ethereum Correction Over? Binance Funding Rates Signal ETH Surging To $6,800 Lee’s answer was to rewind to that same inflection point. “1971 was when Nixon formally withdrew the US from the gold standard. The immediate beneficiary was there was demand and a market to own gold,” he said. But in his telling, the more consequential development was how finance rebuilt itself around an unpegged dollar. “In 1971, the dollar became fully synthetic because it was no longer backed by anything. And so there was a risk that the world would go off the dollar standard. So Wall Street stepped in create products to propagate the future of Wall Street, including…money market funds…credit…mortgage backed securities…futures, et cetera.” He continued, “Dollar dominance by the end of that period…went from 27 percent of GDP terms…to 57 percent of central bank reserves and 80 percent of financial transaction quotes.” For Lee, the market-structure consequence was stark: “The market cap of equities today is 40 trillion compared to two trillion for gold. So in other words, gold is 5 percent of all available assets.” He then drew the crypto corollary. “In 2025, we think everything is now becoming synthetic as we tokenize…as we move not just dollars onto the blockchain, just stablecoins, but we’ll move stocks and real estate. Dollar dominance is going to be the opportunity of Ethereum. So digital gold is Bitcoin. And so in that world, we believe Ethereum could flip Bitcoin, similar to how Wall Street and equities flipped gold post ’71.” Related Reading: Bitmine Exec And Crypto Founder Agree That Ethereum Price Is Headed For $10,000, Here’s Why Crucially, Lee couched the flippening as a sectoral dynamic rather than a zero-sum bet. “That is just our working theory because I am still a Bitcoin bull,” he said. “I’m very bullish on Bitcoin and I believe [Ark Invest’s] targets for Bitcoin are actually reachable. So we think Bitcoin’s fair value should at least be $1.5 to $2.1 million, but we can see higher values.” TOM LEE EXPLAINED TO CATHIE WOOD WHY ETHEREUM $ETH WILL EVENTUALLY FLIP BITCOIN $BTC! ???? pic.twitter.com/uFpoWWyHYY — Tom Lee Updates (Not Tom) (@TomLeeUpdates) October 16, 2025 In his framework, Bitcoin anchors the “digital gold” monetary premium, while Ethereum’s neutral smart-contract platform becomes the venue “where a lot of Wall Street will innovate” through real-world-asset issuance and collateral flows. “That would, of course, provide upside to a neutral smart contract platform where a lot of Wall Street will innovate real world assets,” he concluded. At press time, ETH traded at $3,750. Featured image created with DALL.E, chart from TradingView.com

BitMine’s Chairman, Tom Lee, has shared his perspective on the recent surge of crypto-focused treasury companies and the future of this multi-billion-dollar trend. Related Reading: Ethereum Ready For ‘Rapid Expansion’ As Price Holds $3,900 Support – 30% Rally Coming? Crypto DATs Bubble Already Burst On Thursday, BitMine’s Chairman Thomas “Tom” Lee joined Fortune’s Crypto Playbook Podcast to discuss the surge of Digital Assets Treasury (DAT) companies and why he thinks the bubble surrounding these vehicles may have already burst. Discussing the need for this alternative type to get exposure to crypto assets, Lee argued that DATS “are not just passive vehicles,” and properly executed companies will get capital and be supported by investors. He noted that companies like Strategy and BitMine, the two largest crypto treasuries in the world, both see several billion dollars of daily trading volume, adding that “the two companies combined are 86% of all trading volume for the DATs.” Lee was also asked about the argument that the trend is creating a potential bubble. Fortune’s senior crypto analysts questioned whether the bubble might burst and have a negative impact now that there are hundreds of DATs in the market. He affirmed that the bubble has likely already burst, at least to some capacity, and argued that around 80% of these firms are trading below the net value of their underlying assets. “If that’s not already a bubble burst (…), how would that bubble burst?” Nonetheless, BitMine’s chair explained that instead of questioning if a bubble has burst, he prefers asking if the market has become discerning, which he thinks it already has. BitMine, Not ‘Just’ A DAT? Lee argued that, while other crypto treasuries have not been creators of shareholder value, BitMine is “not just a DAT,” but also the largest holder of Ethereum (ETH) in the world. Notably, BitMine is a Bitcoin and Ethereum Network Company with a focus on accumulating crypto for long-term investment. The company aims to own 5% of Ethereum’s total supply, currently holding 3.03 million ETH tokens, or over 2.5% of the total supply. According to Lee, this gives BitMine multiple roles, including providing a significant amount of security to the Ethereum network. Based on these roles, he considers the company is “essentially a liaison between how Wall Street views future upgrades to Ethereum, to the community.” “So we’re not just a DAT. We’re becoming, you know, one of the important voices within Ethereum, and that really was our goal. You know, that’s why, when BitMine was created,” he said. Adding to his argument, Lee has previously asserted that the company is confident that the two “Supercycle investing narratives remain AI and crypto,” which will “play out over decades.” Related Reading: Bitcoin (BTC) ‘Uptober’ Rally On Pause Until This Level Is Reclaimed As a result, he considers that “Ethereum remains the premier choice given its high reliability and 100% uptime.” During the Podcast, BitMine’s chairman reaffirmed this stance, stating: “The tokenization of everything else, (…), is in the quadrillions. You know, especially as AI moves towards micro payments, which need to happen on the blockchain. That to me is a bigger opportunity, and (…) Ethereum is where a lot of this is going to be built. (…) So to me, there’s still an exponential opportunity in owning ETH over Bitcoin,” Lee concluded. Featured Image from Unsplash.com, Chart from TradingView.com

The largest daily redemption since August reflects shifting sentiment after a record-breaking summer for ETF inflows and a growing link between macro risk, derivatives positioning, and bitcoin price action.

Ethereum (ETH) may be nearing the end of its price correction, as the second-largest cryptocurrency by market cap continues to trade slightly above $4,000, following a strong sell-off last week when it almost crashed to $3,400. Ethereum Price Correction May Be Over  According to a CryptoQuant Quicktake post by contributor PelinayPA, Ethereum funding rates on Binance crypto exchange have remained positive, despite being in a narrow range. This shows that long positions on ETH still dominate the market. Related Reading: Bitcoin Market Feels “Too Efficient” As Arbitrage Opportunities Vanish – What It Means For Price? ETH funding rates fluctuating normally on Binance – despite the digital asset’s recent extraordinary price appreciation – implies that futures traders are not exhibiting greed or euphoria, typically associated with the mid-phase of a healthy uptrend. For example, during the 2021-22 bull cycle, ETH funding rates often surged to 0.1% to 0.2%, aligning with local market tops. At present, these funding rates are hovering around 0.01% to 0.03%, implying that the market has not reached overheated levels just yet. In addition, the absence of negative funding rates confirms a decline in short positioning, and elevated risk appetite among investors. The CryptoQuant analyst added: The overall trend remains upward. Low funding rates combined with strong price momentum suggest that the correction is likely complete. In the short term, minor profit-taking or sideways consolidation between $3,600–$3,800 would be natural. If funding rates gradually rise above 0.05%, it could signal overcrowded longs and trigger a short term pullback. The current combination of moderate levels of leverage and gradually rising spot demand hints toward a potential ETH rally, eyeing the $4,500 to $5,000 range in the long term. The price target could be even higher with a favorable derivatives structure and funding dynamics. That said, a sharp increase in funding rates could be seen as an early warning of another price pullback for the cryptocurrency. However, ETH’s market structure still supports a potential surge to $6,800 by the end of 2025, the analyst concluded. ETH Ready For New Highs? Several indicators point toward ETH looking to resume its bullish momentum. For instance, ETH’s Spent Output Profit Ratio (SOPR) trend recently hinted toward the digital asset rising to $5,000 in the near term. Related Reading: Ethereum Close To Local Bottom? Analyst Flags Drop In Binance Open Interest Further, ETH exchange reserves continue to tumble at a rapid pace. Recent exchange data shows that ETH reserves on exchanges have hit a multi-year low, raising the possibility of an impending “supply crunch” for the cryptocurrency. That said, there are several other factors that may fuel another sell-off in ETH, pushing its price again below $4,000. At press time, ETH trades at $4,053, up 0.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Ethereum price struggled to stay above $4,020 and dipped further. ETH is now consolidating in a range and might decline further if there is a move below $3,820. Ethereum started a fresh decline below $4,020 and $4,000. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,070 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,820. Ethereum Price Dips Below Support Ethereum price struggled to settle above $4,120 and corrected most gains, like Bitcoin. ETH price declined below the $4,020 and $4,000 levels. It even tested the $3,820 zone. A low was formed at $3,828 and the price is now consolidating losses. There was a minor increase toward the 23.6% Fib retracement level of the recent decline from the $4,215 swing high to the $3,828 low. Ethereum price is now trading below $4,000 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance at $4,070 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $3,950 level. The next key resistance is near the $4,020 level and the 50% Fib retracement level of the recent decline from the $4,215 swing high to the $3,828 low. The first major resistance is near the $4,070 level and the trend line. A clear move above the $4,070 resistance might send the price toward the $4,120 resistance. An upside break above the $4,120 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,220 resistance zone or even $4,250 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,020 resistance, it could start a fresh decline. Initial support on the downside is near the $3,880 level. The first major support sits near the $3,820 zone. A clear move below the $3,820 support might push the price toward the $3,740 support. Any more losses might send the price toward the $3,650 region in the near term. The next key support sits at $3,550. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,820 Major Resistance Level – $4,070

As the market volatility continues, Ethereum (ETH) has dropped 3.1% in the daily timeframe and is attempting to hold a key price area as support once again. Despite the dip, some analysts have suggested that the King of Altcoin is set to start a new expansion phase soon. Related Reading: Bitcoin (BTC) ‘Uptober’ Rally On Pause Until This Level Is Reclaimed Ethereum Retests Major Support Zone On Wednesday, Ethereum fell below the $4,000 level for the third time this week, retesting a crucial area before bouncing. The cryptocurrency has been trading within the $3,800-$4,800 price range in the daily timeframe since the early August breakout. During the recent market correction, ETH briefly lost its local range, reaching a two-month low of $3,435 last Friday. Nonetheless, the price quickly bounced from the lows, reclaiming the $4,000 area over the weekend. Since then, the King of Altcoins has been hovering around the lows, attempting to reclaim the range’s mid-zone but ultimately failing. As the price retested the $3,900 area, Daan Crypto Trades noted that Ethereum has been able to maintain daily closes above the $4,100 area despite this week’s volatility, suggesting that a recovery of this level is still possible today. Nonetheless, failing to hold this area in the daily timeframe could propel a drop to the $3,800 support and risk a potential dip to the $3,400 mark. The trader also warned that the cryptocurrency must also hold the $4,100 region on the weekly timeframe to maintain its current structure and target a climb to the range highs around $4,800. He affirmed that “the real fun starts if this can trade and close above $5K. Until then, we’re range-bound within those two levels.” Similarly, Ali Martinez highlighted that ETH could see a 28%-53% rally based on Ethereum’s MVRV Extreme Deviation Pricing Bands. According to the analyst, if the price holds the $3,900 level, which is a major support, “the Pricing Bands point to a move toward $5,000 or even $6,000.” Is A Repeat Of ETH’s 2021 Playbook Coming? Other market watchers have also shared a positive long-term outlook for ETH, suggesting that investors shouldn’t worry about the recent price pullbacks. Analyst Crypto Jelle pointed out the 18-month descending broadening wedge formation on Ethereum’s chart, which was broken out of during the Q3 rally. Jelle noted that the cryptocurrency is “just holding the breakout area as support,” consolidating between the breakout area and the last cycle’s ATH. To the analyst, ETH looks “very ready for a rapid expansion higher” once it breaks out of the accumulation range. Meanwhile, Crypto Kaleo emphasized the structural similarities between the beginning of the last bull market’s breakout and Ethereum’s current price action. Per the chart, the King of Altcoins traded within a two-year range during the previous cycle, retesting the range’s resistance twice and briefly deviating below the range’s low before breaking out. Related Reading: Chinese Investment Bank Eyes $600 Million Raise For BNB Treasury Company Then, ETH saw a multi-month accumulation period above the breakout level before continuing its rally toward new highs. Kaleo’s post highlighted that the cryptocurrency appears to be repeating a similar playbook, currently consolidating before potentially resuming its run toward higher targets in the next few months. As of this writing, ETH is trading at $4,001, a 11.3% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Ethereum’s high-timeframe structure exposes the fallout from the leverage massacre. Open Interest has cratered, reflecting widespread liquidation across futures markets. With leverage drained and traders shaken out, the path forward depends on whether spot demand can fill the vacuum left by the OI collapse. The recent market volatility has presented a critical opportunity to assess the underlying health of various crypto assets. In an X post, Daan Crypto Trades, a full-time crypto trader and investor, has offered a compelling analysis of Ethereum’s high-timeframe chart, specifically focusing on Open Interest (OI), which shows exactly how much speculative excess has been washed out. Particularly, ETH got hit hard in the process. Why This Flush Could Be The Foundation For Ethereum’s Next Move According to Daan, what’s encouraging is that ETH’s Open Interest is now sitting at levels comparable to when ETH traded at $3,000. Meanwhile, the price now hovers around $4,000. For Daan, a simple rule of thumb to determine whether a healthy reset has occurred is if open interest is lower than it was previously at a specific price.  Related Reading: Ethereum Shows Strength – Bulls Aim Higher As ETH Eyes Potential Outperformance Typically, as price increases, Open Interest tends to rise as more capital flows into derivative markets, and vice versa. This relative comparison of OI and price is crucial because an increase or decrease in price will generally make OI trend in both directions.  There are also coins used as margin, which can inflate OI figures in a rising market. Thus, the relative levels to watch out for are between OI and price, which carry more weight than the absolute numbers. In the meantime, leverage is making a comeback in the Ethereum market. As the Master of Crypto, an observer of market dynamics, has highlighted, the Open Interest on ETH has surged 8.2% within 24 hours, fueling the ongoing price move. The surge in Open Interest suggests that traders are once again opening aggressive long positions after the recent flush, a familiar pattern that often carries more risk than reward. Master of Crypto advises caution, framing this leverage-driven rally within a historical context, that approximately 75% of rallies aggressively fueled by such a rapid build-up in leverage tend to reverse, while only 25% sustain their momentum upward. The Calm Phase Before The Next Expansion The Ethereum macro trend remains upward despite the short-term move. Analyst EtherNasyonaL has emphasized that after breaking free from its long-standing downtrend, ETH is currently only retesting the demand zone and trendline, a healthy bullish move retest that is typical of a strong market structure. Related Reading: Ethereum Price At Risk – Momentum Fades As Bears Target Fresh Lows Ahead However, the analyst pointed out that the fluctuation on the short timeframes doesn’t define the trend, but it’s the longer timeframes that hold the true directional signal. Currently, “ETH macrotrend is still upward, and the bigger picture hasn’t yet spoken.” Featured image from Pixabay, chart from Tradingview.com

Ethereum price is still struggling to settle above $4,220. ETH is now consolidating in a range and might decline sharply if there is a move below $3,880. Ethereum started a recovery wave above the $4,000 and $4,020 levels. The price is trading below $4,050 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $3,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,075. Ethereum Price Dips To Support Ethereum price struggled to settle above $4,200 and corrected most gains, like Bitcoin. ETH price declined below the $4,050 and $4,000 levels. It even tested the $3,940 zone. A low was formed at $3,932 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the recent decline from the $4,216 swing high to the $3,932 low. Besides, there is a short-term contracting triangle forming with support at $3,950 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,050 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,075 level. The next key resistance is near the $4,150 level and the 76.4% Fib retracement level of the recent decline from the $4,216 swing high to the $3,932 low. The first major resistance is near the $4,200 level. A clear move above the $4,200 resistance might send the price toward the $4,250 resistance. An upside break above the $4,250 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,350 resistance zone or even $4,420 in the near term. Another Decline In ETH? If Ethereum fails to clear the $4,150 resistance, it could start a fresh decline. Initial support on the downside is near the $3,950 level and the triangle’s trend line. The first major support sits near the $3,880 zone. A clear move below the $3,880 support might push the price toward the $3,820 support. Any more losses might send the price toward the $3,750 region in the near term. The next key support sits at $3,640. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,950 Major Resistance Level – $4,150