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October 2, 2025CoinOtag logoCoinOtag

Ethereum Posts Strongest Quarterly Close, Breaks $3,600 Resistance as 1.7M Daily Transactions Could Fuel Move Toward $6,400

Ethereum breakout: ETH recorded its strongest quarterly close ever, cleared long-term resistance near $3,600 and hit roughly 1.6–1.7 million daily transactions, signaling renewed on-chain adoption and technical momentum that could support a measured extension toward a $6,400 ￰0￱ quarterly close above $3,600 resistance Daily transactions surged to 1.6–1.7M, surpassing a four‑year range and indicating rising DeFi activity Technicals and network data together suggest a validated breakout with a measured extension target near $6,400 Ethereum posts its strongest quarterly close ever, breaks resistance at $3,600, and records 1.7M daily transactions, fueling momentum toward $6,400.

What is the significance of Ethereum’s quarterly close above $3,600? Ethereum breakout significance: ETH’s highest quarterly close on record confirms a clean breakout above decade-long resistance near $3,600, reducing false-breakout risk and increasing the likelihood of a sustained ￰1￱ technical validation, combined with rising on-chain activity, supports analyst projections toward a measured target near $6,400. How many transactions has the Ethereum network reached and why does it matter? Network activity has risen to an average of approximately 1.6–1.7 million transactions per ￰2￱ figure exceeds the four-year range of roughly 900,000–1.2M daily transactions and highlights increased decentralized finance (DeFi) usage and broader on-chain ￰3￱ throughput often precedes extended bullish phases. #Ethereum is Insanely Bullish Right Now #ETH just broke out with its strongest quarterly candle ￰4￱ could be $6,400.

pic. twitter. com/cvOMiTFCT9 — Titan of Crypto (@Washigorira) October 1, 2025 Titan of Crypto called the quarterly structure “insanely bullish,” citing the breakout and a measured Fibonacci extension toward $6,400. Analysts note that the current quarterly pattern mirrors early stages of prior large rallies, which historically preceded accelerated price ￰5￱ did on-chain metrics strengthen Ethereum’s breakout thesis?

On-chain metrics strengthen the breakout thesis because transaction volumes and active addresses are primary adoption ￰6￱ reported daily transactions climbing to new highs (~1.6–1.7M). Sustained growth in these metrics demonstrates expanding network utility rather than purely speculative positioning.) sustained quarterly close above $3,600, 2) continued transaction and DeFi growth, 3) favorable market-leading cues from Bitcoin, and 4) expanding institutional and developer ￰7￱ risks could invalidate the breakout? Key risks include a swift macro reversal, abrupt liquidity withdrawal, or a meaningful decline in on-chain activity. A failure to retest and hold the $3,600 area on shorter timeframes would raise the probability of a false breakout despite the strong quarterly candle. , "description": "Ethereum breakout: ETH posts its strongest quarterly close, breaks $3,600 resistance and records 1.7M daily transactions — technical and on-chain signals supporting a possible extension to $6,400." , Frequently Asked Questions Has Ethereum ever rallied similarly after a quarterly breakout? ￰8￱ cycles show ETH can accelerate after confirmed multi-quarter ￰9￱ setups preceded fast rallies when on-chain adoption metrics and market liquidity ￰10￱ should traders use transaction data alongside price?

Traders should pair rising transaction counts with clean price ￰11￱ both trend higher, the breakout gains credibility; if transactions fall while price rises, caution is ￰12￱ Takeaways Validated quarterly breakout : ETH closed above $3,600, reducing the probability of a false breakout. On-chain adoption rising : Daily transactions near 1.6–1.7M indicate expanding DeFi and network ￰13￱ target : Technical projections and Fibonacci extensions point to a potential $6,400 target if momentum ￰14￱ Ethereum’s strongest quarterly close, combined with record daily transactions and supportive technical structure, creates a compelling case for continued ￰15￱ and on-chain commentators agree the measured move toward $6,400 is plausible if on-chain growth and broader market conditions ￰16￱ transaction trends and quarterly support levels for confirmation.

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