Ethereum Bulls Target $4,300 as Support Holds Strong

Ethereum continues to demonstrate remarkable resilience in the cryptocurrency market, with the $3,800 support level proving to be a solid foundation for the asset's upward trajectory. As of October 31, 2025, ETH is trading at $3,961.86, having recorded a 1.95% gain in the past 24 hours and an impressive 5.39% increase over the previous week. This sustained bullish momentum has market participants eyeing the $4,300 resistance level as the next significant target. The positive sentiment surrounding Ethereum is further bolstered by expert analysis from Tom Lee of Fundstrat Global Advisors, who projects a radical upside potential for the cryptocurrency. Lee's assessment suggests a fair value range between $12,000 and $22,000, based primarily on increasing institutional adoption and Ethereum's dominant position in the tokenization space. This optimistic outlook reflects the growing confidence in Ethereum's fundamental strength and its expanding role in the digital asset ecosystem. The current market behavior indicates that investors are responding positively to both technical indicators and fundamental developments, creating a favorable environment for continued growth. As Ethereum maintains its position above crucial support levels and demonstrates consistent upward movement, the path toward higher price targets appears increasingly achievable, reinforcing the bullish narrative that has been building around the world's second-largest cryptocurrency.

Ethereum Bulls Target $4,300 as $3,800 Support Holds Firm

Ethereum (ETH) demonstrates resilience with a rebound from the $3,800 support level, setting sights on a $4,300 breakout. The asset has gained 1.95% in 24 hours and 5.39% over the past week, trading at $3,961.86 amid sustained bullish momentum.

Tom Lee of Fundstrat Global Advisors projects a radical upside for ETH, suggesting a fair value range of $12,000-$22,000 based on institutional adoption and Ethereum's dominance in tokenization. His analysis implies significant undervaluation at current prices.

Market sentiment mirrors this Optimism with 82% of Ethereum traders expressing bullish positions. Trading volume dipped 13.29% to $37.47 billion, yet the $478 billion market capitalization confirms robust institutional interest.

Ethereum Eyes $5K as Technical Indicators Turn Bullish

Ethereum (ETH) is signaling a potential trend reversal after breaking above a descending triangle formation and reclaiming the $3,900 support level. The Relative Strength Index (RSI) has turned bullish, hovering NEAR 60, reflecting renewed buying pressure. Analysts suggest this could pave the way for a rally toward the $5,000 psychological mark.

Crypto trader Daniel Ramsey highlighted the setup, noting ETH's readiness for upward momentum. The asset currently trades around $3,950, recovering from recent lows near $3,800. Institutional inflows and improving on-chain metrics are reinforcing confidence in Ethereum's market structure.

Gold vs Ethereum: The $5K Race Heats Up Amid Market Volatility

Ethereum's consolidation near $3,900 sets the stage for a potential breakout, while gold's historic 10% single-day drop shakes traditional safe-haven narratives. Prediction markets now show 65.5% odds favoring ETH to reach $5,000 first—a striking contrast to gold's current $4,115 position.

Technical indicators reveal ETH's compressed trading pattern between its 50-week and 200-week EMAs, suggesting accumulation before potential upward momentum. Meanwhile, Gold faces headwinds after its worst weekly performance since 2013, with the $4,000 level becoming a psychological battleground for traders.

The divergence reflects broader market sentiment: crypto's risk-on appetite versus traditional assets' defensive posturing. As one trader noted, 'When volatility spikes, digital gold often outperforms the physical kind—until it doesn't.'

Bunni DEX Shuts Down Following $8.4M Exploit

Bunni DEX has ceased operations after suffering an $8.4 million exploit, marking the second major crypto project to collapse this week following Kadena's bankruptcy declaration. The Ethereum-based decentralized exchange cited insufficient funds to cover audit costs and operational restart expenses as the primary reason for its shutdown.

The platform's team confirmed the decision on social media, stating that relaunching WOULD require six-to-seven-figure audit expenditures and months of development efforts. This follows a September security breach where attackers drained $2.3 million from stablecoin vaults through compromised smart contracts.

Ethereum Eyes $5,000 as Experts Watch $4,000 Resistance for Next Rally

Ethereum is testing the critical $4,000 resistance level, with analysts eyeing a potential rally toward $5,000. Despite a slight 1.19% dip to $3,926.5, trading volume remains robust at $34.58 billion, signaling sustained market interest.

Tom Lee's valuation of ethereum between $12,000 and $22,000 has sparked debate, with some analysts calling current prices a bargain. Merlijn The Trader echoed this sentiment, suggesting ETH remains undervalued even if Lee's estimates are only partially accurate.

The $3,550 support level holds firm as Ethereum's price movements continue to correlate with Bitcoin's broader market trends. A breakout above $4,000 could trigger significant upward momentum.

Ethereum Whales Resume Accumulation, ETH Eyes $4,100

Ethereum whales are signaling renewed confidence in ETH, with addresses holding 10,000 to 100,000 tokens adding 218,000 ETH to their balances over the past week. This follows a sell-off earlier in October that saw 1.36 million ETH dumped onto the market.

Technical indicators suggest a bullish reversal may be underway. ETH currently trades near $3,940, with Fibonacci levels and VWAP both pointing to potential upward momentum. The 1-hour ETH/USDT chart shows strengthening bullish signals as the asset tests resistance levels.

Large holders have repurchased approximately 16.7% of the ETH they previously sold, marking what analysts interpret as a bottom signal. The whale activity coincides with emerging positive crossover patterns on short-term charts.