Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum News Today: Ethereum Faces Critical $4,100 Threshold as Bulls and Bears Battle

Ethereum News Today: Ethereum Faces Critical $4,100 Threshold as Bulls and Bears Battle

Bitget-RWA2025/10/31 16:04
By:Bitget-RWA

- Ethereum (ETH) near $4,100 support triggers debate over short-term rally vs. consolidation amid double-bottom pattern and bearish technical indicators. - Symmetrical triangle consolidation and $7M outflows signal weak institutional participation, while $4,000-$4,250 resistance remains critical for directional clarity. - Long-term bulls project $10,000 by 2027-2028 if ETH clears key resistance, supported by whale repurchases of 16% sold coins since October 5. - Upcoming Fed policy decisions and liquidity

Ethereum (ETH) has bounced back near the $4,100 support area, leading to discussions among market experts about whether the digital asset is set for a short-term surge or will continue to consolidate. On the 4-hour chart, the price has created a double-bottom formation, with both troughs found around $3,713 and a neckline at $4,100 serving as a significant resistance point,

notes. If ETH manages to break above this barrier, technical analysts believe it could climb to $4,491, representing a 10% increase from its current price. Still, some bearish signals—including a flattening EMA ribbon and negative divergences in the RSI—point to ongoing market hesitation, warns.

Recent price movement reveals a struggle between bullish and bearish forces. On the 2-hour chart,

has been trading within a symmetrical triangle pattern, with resistance between $4,200 and $4,250—an area that has already turned back upward moves. Key support now lies at $4,064 (100-EMA) and $4,020 (50-EMA); dropping below these could open the door to $3,900, a demand zone that previously held strong this month, Benzinga reported. On-chain metrics show subdued activity, with Ethereum seeing nearly $7 million in outflows on October 28, indicating a decrease in institutional involvement, the Benzinga report added.

Despite short-term swings, long-term sentiment remains positive. Analyst Ali Martinez has outlined a multi-year projection for ETH, suggesting it could reach $10,000 by 2027–2028, though he cautions that significant resistance levels must be surpassed first, according to

. This optimistic forecast is reinforced by on-chain trends, as large holders—those with 100–10,000 ETH—have bought back about one-sixth of the coins they sold between October 5–16, reflecting renewed confidence among major investors, the Yahoo report noted. However, these outcomes depend on ETH overcoming its current obstacles.

The next few days will be crucial for Ethereum. A decisive move above $4,000—which saw a 188% spike in trading volume during a failed rally earlier this week—could spark renewed momentum toward $4,100 and higher, the Yahoo article stated. On the other hand, losing the $3,930 support could push prices down to the $3,870–$3,880 range, according to CoinDesk Research. The neckline of the double-bottom at $4,100 remains a key level: maintaining this support could confirm a bullish reversal, while a drop below it would strengthen the bearish outlook toward $3,700, as Crypto.News reported.

Broader economic factors may also influence Ethereum's direction. With upcoming decisions from the Federal Reserve, any reduction in macroeconomic pressures could spark a relief rally, potentially allowing ETH to revisit $4,500, Benzinga observed. However, unless on-chain conviction grows or technical signals become clearer, Ethereum's path remains uncertain. Traders are expected to monitor liquidity zones between $4,100–$4,200, where a short squeeze could drive prices higher—or, if $3,900 fails, the asset could face steeper declines.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Update: Amid Market Turmoil, Noomez’s Organized Presale Brings Measured Stability

- Cryptocurrency markets crashed in late October 2025, with $800M in liquidations as Bitcoin fell below $109,000. - Amid the turmoil, Noomez ($NNZ) emerged as a structured presale safe haven, offering deflationary mechanics and off-exchange stability. - Its 28-stage BEP-20 tokenomics, token burns, and 50/50 supply allocation aim to create verifiable scarcity and utility. - Staking rewards (up to 66% APY) and airdrops differentiate it from speculative meme coins, attracting both retail and institutional int

Bitget-RWA2025/11/01 03:18
Bitcoin News Update: Amid Market Turmoil, Noomez’s Organized Presale Brings Measured Stability

Bitcoin News Update: Traditional Finance Leaders Establish Safe OTC Route as Crypto Goes Mainstream

- DBS and Goldman Sachs executed first interbank OTC cash-settled Bitcoin/Ether options trade, marking crypto-TradFi integration. - $1B+ 2025 H1 crypto options trading by DBS clients shows surging institutional demand for compliant hedging tools. - Goldman Sachs predicts liquid OTC markets will drive institutional adoption as global regulatory clarity improves. - MiCA framework and RWA tokenization trends could unlock $600B+ assets as crypto gains 1% global portfolio allocation.

Bitget-RWA2025/11/01 03:02
Bitcoin News Update: Traditional Finance Leaders Establish Safe OTC Route as Crypto Goes Mainstream

Banks Complete Historic Crypto Transaction, Signaling Traditional Finance Adoption

- Goldman Sachs and DBS executed first interbank OTC cash-settled Bitcoin/Ether options trade on October 28, 2025, marking institutional adoption of digital assets. - The trade enables sophisticated risk management for crypto-linked products, leveraging banks' credit ratings and structuring expertise to secure institutional participation. - DBS clients executed $1B+ in crypto options with 60% QoQ growth, while OTC desks prevent price slippage and stabilize markets during large-volume transactions. - Instit

Bitget-RWA2025/11/01 02:46
Banks Complete Historic Crypto Transaction, Signaling Traditional Finance Adoption

Bitcoin Updates: Bitcoin Takes Center Stage—Steak 'n Shake Offers Crypto Rewards to Patrons

- Steak 'n Shake becomes first major U.S. fast-food chain to establish a Bitcoin strategic reserve and launch crypto-linked rewards. - Partnership with Fold Holdings offers $5 Bitcoin rewards for "Bitcoin Burger" purchases, aiming to onboard crypto newcomers through everyday transactions. - CEO Sardar Biglari emphasizes Bitcoin's role in future commerce, while 210 satoshis from each meal will fund open-source Bitcoin projects via OpenSats Initiative. - Strategic move aligns with rising institutional Bitcoi

Bitget-RWA2025/11/01 02:46
Bitcoin Updates: Bitcoin Takes Center Stage—Steak 'n Shake Offers Crypto Rewards to Patrons