Ethereum’s Critical Pivot: $4,350 Target in Sight as Technical Supports Hold Strong

As of October 29, 2025, Ethereum stands at a crucial technical juncture that could determine its near-term trajectory in the cryptocurrency markets. Currently trading at $3,828.80, the world's second-largest cryptocurrency is testing the critical $3,814 pivot point that analysts have identified as a key determinant for its next major price movement. Despite experiencing modest 24-hour declines, Ethereum has successfully maintained its essential technical support levels, signaling underlying strength in its market structure. The bullish scenario gaining traction among market observers projects a significant upward move targeting $4,350 within the coming weeks. This optimistic outlook represents approximately a 14% increase from current price levels and reflects growing confidence in Ethereum's fundamental positioning and technical setup. More aggressive projections even suggest the potential for extended gains toward the $4,943 level if buying momentum accelerates and key resistance barriers are decisively broken. For more conservative investors and analysts, the baseline forecast still anticipates respectable 6% gains targeting the $4,060 level. This more measured approach acknowledges the cryptocurrency's current consolidation phase while recognizing the underlying bullish sentiment that continues to support Ethereum's market valuation. The maintenance of key technical supports despite recent market volatility has been particularly encouraging for long-term holders and institutional investors alike. Market observers are closely monitoring several factors that could influence Ethereum's price trajectory, including network activity, adoption metrics, and broader cryptocurrency market trends. The current technical setup suggests that a successful defense of the $3,814 pivot level could serve as a launching pad for the anticipated upward movement. However, traders remain cautious about potential headwinds that could emerge in the volatile cryptocurrency landscape. The coming days and weeks will be critical in determining whether Ethereum can capitalize on its current technical positioning to achieve the projected targets. Market participants are advised to monitor key resistance levels and trading volume patterns for confirmation of the anticipated bullish momentum. As the cryptocurrency continues to evolve both technologically and in market structure, these pivotal moments often define significant trend changes that can last for extended periods.

Ethereum Eyes $4,350 Target Amid Critical Pivot Point Test

Ethereum faces a decisive moment as it hovers near the $3,814 pivot, with analysts projecting a potential surge to $4,350 within weeks. The second-largest cryptocurrency trades at $3,828.80, showing modest 24-hour declines but maintaining key technical supports.

Bullish scenarios envision breakthroughs toward $4,943 if momentum accelerates, while conservative forecasts still anticipate 6% gains to $4,060. Market observers note Ethereum's position above the 50-day SMA as constructive, though resistance levels at $4,412-$4,628 loom as critical thresholds.

The $3,435 support zone remains a crucial floor, with price action likely to determine whether ETH resumes its upward trajectory or faces prolonged consolidation. Divergent analyst views reflect underlying market uncertainty, though the predominant outlook skews cautiously optimistic.

Ethereum Whale Accumulates $46 Million in ETH, Signaling Potential Breakout Toward $6,000

A significant ethereum whale transaction has captured market attention, with a single entity purchasing 12,000 ETH worth $46 million. This accumulation aligns with growing bullish sentiment, as 82% of traders anticipate further upside.

Analysts highlight the psychological importance of Ethereum's current resistance level. A decisive breakout could trigger accelerated momentum toward the $6,000 price target, with the whale activity serving as a potential catalyst.

Ethereum's market metrics show stability, trading at $3,896 with a 1.09% daily gain. The $469 billion market cap and $45 billion daily volume demonstrate robust liquidity, creating favorable conditions for large investors.

SharpLink Gaming Boosts Ethereum Holdings Amid Market Volatility

SharpLink Gaming, one of the largest corporate holders of Ethereum, has added 19,271 ETH to its treasury, bringing its total holdings to 859,853 ETH—worth approximately $3.5 billion. The purchase, executed at an average price of $3,892 per ETH, underscores institutional confidence in Ethereum's long-term value despite recent price declines.

Ethereum has faced downward pressure, trading at $3,960, down 0.7% over 24 hours and 12% over the past month. Macroeconomic tensions, including U.S.-China trade disputes, have contributed to the slump. Yet, corporations like SharpLink and BitMine Immersion Technologies are seizing the opportunity to accumulate ETH at lower prices. BitMine now holds over 3.24 million ETH, representing nearly 2.7% of the total supply.

The strategic accumulation highlights a broader trend of institutional players strengthening their digital asset reserves. SharpLink's MOVE follows a $76.5 million capital raise, signaling continued commitment to Ethereum's ecosystem amid short-term turbulence.

ETHZilla Acquires 15% Stake in Satschel to Expand Tokenization Infrastructure

ETHZilla has made a strategic $15 million investment to secure a 15% stake in Satschel, Inc., parent company of regulated platform Liquidity.io. The deal values Satschel at $100 million and grants ETHZilla exclusive rights to list Ethereum Layer 2 tokens on Liquidity.io's SEC-licensed alternative trading system.

The move marks ETHZilla's transition from Ethereum accumulation to becoming an on-chain alternative asset manager. By combining Liquidity.io's regulated securitization platform with its own blockchain-native asset management infrastructure, ETHZilla aims to create a next-generation platform for tokenized real-world assets.

ETHZilla's Nasdaq-listed stock (ETHZ) now positions itself as an alternative asset investment vehicle, offering exposure to Ethereum, DeFi yields, and tokenized private credit and real estate assets. The partnership signals growing institutional interest in bridging traditional finance with blockchain-based solutions.

Bitmine ETH: $250M Accumulation Signals Potential Supply Squeeze

Ethereum (ETH) appears poised for a bullish phase following weeks of erratic trading. On-chain data reveals a sharp rise in ETH outflows from major exchanges, alongside significant institutional purchases, suggesting renewed confidence in the asset. Bitmine's acquisition of $250 million worth of ETH stands out, potentially tightening supply and altering market dynamics.

Binance's netflow data underscores the shift in sentiment. The 30-day average for ETH netflows has swung from +30,000 ETH in June 2025 to -16,000 ETH, indicating more coins are being withdrawn than deposited. This trend often precedes price rallies, as reduced exchange liquidity can amplify upward movements when demand holds steady.

Ethereum Price Prediction: Network Activity Rebound Sparks $4,500 Speculation

Ethereum holds steady near $3,896, consolidating between $3,700 and $4,000 as crypto markets exhibit cautious stability. Network metrics signal growing strength—daily transactions exceed 1.2 million while DeFi's total value locked surges 8% weekly.

A decisive break above the $4,400-$4,500 resistance zone could propel ETH toward $4,800-$5,000 by year-end. Conversely, failure to hold $3,700 may trigger a retracement to $3,300-$3,400, particularly if DeFi momentum falters.

Layer-2 adoption and deflationary tokenomics underpin the bullish medium-term outlook. Rising gas fees and transaction volumes confirm accelerating network utilization, setting the stage for potential upside.