Ethereum News Update: Ethereum's Transition From Active Trading to Long-Term Holding Drives Upward Market Trend
- Ethereum (ETH) rose 5.2% to $4,160, with Fibonacci analysis projecting potential targets up to $16,077 if bullish momentum continues. - Record $9.6B in Q3 2025 net inflows to U.S. spot ETH ETFs boosted assets under management to $28.6B, surpassing Bitcoin ETFs. - Technical analysis highlights a critical $4,100–$4,250 resistance cluster; a breakout could push ETH toward $5,000–$6,000. - Whale accumulation and MVRV ratio signal strong long-term holder conviction, with 1.64M ETH added to large wallets in Oc
Ethereum (ETH) is currently at a crucial juncture, with technical signals, institutional investments, and blockchain data all converging to influence its short-term direction. Over the past day, the cryptocurrency—second only to Bitcoin by market value—climbed 5.2% to reach $4,160. Fibonacci projections indicate that if the bullish trend continues, ETH could target $6,303, $9,013, or even $16,077, as outlined in a
Chart analysts point to a significant resistance zone between $4,100 and $4,250, which has limited upward
On-chain metrics further highlight growing accumulation. Large holders, or "whales," have ramped up their activity, with wallets containing 1,000 to 100,000 ETH adding 1.64 million ETH (valued at $6.4 billion at current rates) throughout October. Additionally, the MVRV (Net Unrealized Profit/Loss) ratio shows a 20% difference between staked ETH (1.7) and circulating ETH (1.5), reflecting stronger confidence among long-term investors, according to an
Institutional purchases continue to drive momentum. Bitmine Immersion Technologies recently acquired $29.28 million in ETH through Galaxy Digital's OTC desk, extending its weekly buying streak to between $200 million and $300 million, as reported by a
Looking forward, November 2025 is set to be a decisive month. Historically, ETH has averaged gains of 6.93% in November, with a notable 47.4% surge in 2024 serving as a reference point. The Holder Accumulation Ratio (HAR) currently stands at 30.45%, down from 31.27% at the end of October, indicating a divergence between whale accumulation and some long-term holders reducing their positions. If retail investors increase their participation, it could magnify the effects of whale-driven demand.
Key price levels will determine the next move. Closing above $4,240 would confirm the ongoing uptrend and could propel ETH toward $4,620, the upper limit of its established channel. On the other hand, a drop below $3,510 would negate the bullish outlook. Powerdrill Bloom analysts forecast a price of $7,583 by 2026, citing factors such as greater institutional involvement, a more accommodative Federal Reserve, and the scalability improvements expected from the Fusaka upgrade.
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.
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