Ethereum (ETH) jumped to the $4,300 level after breaking the important resistance at $4,000. As higher levels are seen ahead, the move has gained new attention from 0 the time of writing, ETH has gained roughly 4% since yesterday, with daily volume exceeding $34 billion. Long-Term Channel Points Toward Five Digits Merlijn The Trader described Ethereum’s price structure as a “ ladder ,” where each breakout sets a higher base for the next 1 pointed to three major steps: the $1,440 peak in 2018, the $4,400–$4,800 highs in 2021, and the recent breakout above $4,000 in 2 chart shows ETH moving inside a long-term ascending channel with projected targets at $6,500, $8,000, and $10,000. “ Ignore the fear.
Five-digit Ethereum is inevitable, ” he said, noting that the $4,000 retest may now act as solid support.) September 30, 2025 The strategy aims to protect profits while keeping exposure for 3 suggested seasonal strength in October—often dubbed “ Pumptober ”—could support a run toward $5,000 if the reclaimed support 4 Conditions and Funding Data CryptoJack posted a weekly view showing ETH consolidating above the $3,800–$4,000 zone, which previously acted as resistance and is now seen as 5 highlighted Ethereum’s earlier breakout from a descending broadening wedge, noting that the recent pullback looks like standard consolidation. #ETH still looks bullish Funding is negative, fear is high, massive liquidations 6 soon, the market will show its true strength 7 — CryptoJack (@cryptojack) October 1, 2025 These conditions often mark oversold markets that can rebound if support 8 chart points to possible targets between $6,000 and $6,500 if buying pressure 9 rates are the positives, with the aggregated level at 10 signals an increasing demand for long positions in derivatives, yet, on the flip side, a sharp rise in funding can point toward potential short-term corrections.
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