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Ethereum News Update: Ethereum's Transition From Active Trading to Long-Term Holding Drives Upward Market Trend

Ethereum News Update: Ethereum's Transition From Active Trading to Long-Term Holding Drives Upward Market Trend

Bitget-RWA2025/11/02 10:48
By:Bitget-RWA

- Ethereum (ETH) rose 5.2% to $4,160, with Fibonacci analysis projecting potential targets up to $16,077 if bullish momentum continues. - Record $9.6B in Q3 2025 net inflows to U.S. spot ETH ETFs boosted assets under management to $28.6B, surpassing Bitcoin ETFs. - Technical analysis highlights a critical $4,100–$4,250 resistance cluster; a breakout could push ETH toward $5,000–$6,000. - Whale accumulation and MVRV ratio signal strong long-term holder conviction, with 1.64M ETH added to large wallets in Oc

Ethereum (ETH) is currently at a crucial juncture, with technical signals, institutional investments, and blockchain data all converging to influence its short-term direction. Over the past day, the cryptocurrency—second only to Bitcoin by market value—climbed 5.2% to reach $4,160. Fibonacci projections indicate that if the bullish trend continues, ETH could target $6,303, $9,013, or even $16,077, as outlined in a

. This recent rally comes after U.S. spot ETH ETFs saw an unprecedented $9.6 billion in net inflows during the third quarter of 2025, boosting total assets managed to $28.6 billion—a figure that now exceeds ETFs, according to the same source.

Chart analysts point to a significant resistance zone between $4,100 and $4,250, which has limited upward

since the middle of 2025, based on a . Should ETH break through this barrier, it could advance toward the $5,000–$6,000 range. Optimism is further fueled by a hidden bullish divergence on the 2-day chart, as highlighted in the . This pattern—where prices make higher lows while the RSI registers lower lows—indicates that selling pressure is waning, supporting the likelihood of a sustained upward trend.

Ethereum News Update: Ethereum's Transition From Active Trading to Long-Term Holding Drives Upward Market Trend image 0

On-chain metrics further highlight growing accumulation. Large holders, or "whales," have ramped up their activity, with wallets containing 1,000 to 100,000 ETH adding 1.64 million ETH (valued at $6.4 billion at current rates) throughout October. Additionally, the MVRV (Net Unrealized Profit/Loss) ratio shows a 20% difference between staked ETH (1.7) and circulating ETH (1.5), reflecting stronger confidence among long-term investors, according to an

. This transition from active trading to accumulation, along with decreasing unrealized profits in circulating supply, has historically signaled the beginning of new bullish phases.

Institutional purchases continue to drive momentum. Bitmine Immersion Technologies recently acquired $29.28 million in ETH through Galaxy Digital's OTC desk, extending its weekly buying streak to between $200 million and $300 million, as reported by a

. This activity mirrors a broader pattern: investment advisors and hedge funds boosted their ETH holdings by 63% in Q3 2025, with professional investors now accounting for 2.3% of total holdings across $940 million in liquidity, according to a .

Looking forward, November 2025 is set to be a decisive month. Historically, ETH has averaged gains of 6.93% in November, with a notable 47.4% surge in 2024 serving as a reference point. The Holder Accumulation Ratio (HAR) currently stands at 30.45%, down from 31.27% at the end of October, indicating a divergence between whale accumulation and some long-term holders reducing their positions. If retail investors increase their participation, it could magnify the effects of whale-driven demand.

Key price levels will determine the next move. Closing above $4,240 would confirm the ongoing uptrend and could propel ETH toward $4,620, the upper limit of its established channel. On the other hand, a drop below $3,510 would negate the bullish outlook. Powerdrill Bloom analysts forecast a price of $7,583 by 2026, citing factors such as greater institutional involvement, a more accommodative Federal Reserve, and the scalability improvements expected from the Fusaka upgrade.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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