Ethereum Rockets 9% Weekly but This Massive Barrier Is Next

Ethereum was trading at around $4,400 at press time, up 6% in the past 24 hours and 9% this week. Meanwhile, analysts are pointing to $4,505 as a key level to watch, with multiple technical setups suggesting that a breakout above this barrier could fuel the next move higher. $4,505 Resistance in Focus Crypto analyst Ali Martinez identified $4,505 as one of the most critical resistance zones for ￰0￱ from Glassnode’s UTXO Realized Price Distribution (URPD) shows that around 1.75 million ETH, equal to 2.25% of supply, last changed hands at this price. $4,505 is one of the most important resistance levels to watch for Ethereum $ETH. pic. twitter.

com/0QHS2P0P5C — Ali (@ali_charts) October 2, 2025 Notably, this creates a heavy concentration of cost basis, meaning many holders could look to sell or exit when ETH retests the ￰1￱ the asset currently below $4,400, a sustained push above $4,505 could ease selling ￰2￱ the level fails, ETH may face repeated rejection similar to earlier supply ￰3￱ and Handle Breakout Merlijn The Trader pointed to a multi-year cup and handle formation on Ethereum’s ￰4￱ pattern began forming in 2022, with a deep consolidation shaping the cup, followed by a handle retest near $4,300 in ￰5￱ has since broken above the ￰6￱ described the move as “the holy grail” and noted: $ETH JUST DREW THE HOLY GRAIL. 3 years of chop erased in one ￰7￱ move points vertical.

Ethereum’s next stop: five digits. Don’t fade the ￰8￱ — Merlijn The Trader Token2049 (@MerlijnTrader) October 1, 2025 A measured move from the pattern projects a target well above current levels, suggesting potential for a push toward the $10,000 range if the breakout ￰9￱ Repeats Show Parabolic Potential Another analyst, EtherNasyonaL, compared Ethereum’s current structure to past ￰10￱ both 2016–2017 and 2019–2021, ETH cleared major resistance, retested it as support, and then accelerated into steep ￰11￱ is now showing the same setup for a third ￰12￱ coin has retested resistance, turned support at around $4,388. According to EtherNasyonaL: “Ethereum has experienced nearly identical scenarios across three distinct market cycles.” If history repeats itself, ETH could be preparing for another large upward phase.