📊 My Analysis of Ethereum (ETH) – October 2025
Honestly, I see that Ethereum is entering a very important phase right now.
The price is currently around 3890 dollars, and there is a kind of accumulation after the upward movement that occurred last week.
What I notice from the chart is that the market is in a very strong test area between support and resistance.
🟢 Support
The first clear support in front of me is around 3800 – 4000 dollars.
And this is the area where buyers always appear.
If it drops below, we might see another test at 3600 dollars, but so far there is no clear break.
🔴 Resistance
The resistance I am closely monitoring is 4600 dollars.
If the price manages to break through with a strong close on the daily, then we might see Ethereum heading towards 5200 – 5500 dollars easily.
⚙️ Technical indicators
Through the RSI, I see that the market is balanced, there is neither overbuying nor overselling.
And the MACD has started to show positive signs, but it still needs confirmation from the trading volume.
There is also some momentum from large wallets, it is clear that there is a quiet accumulation happening.
🎯 The scenario I see
I see that the closest scenario is gradual rise if we can hold above 4000 dollars.
But if the price drops below 3800, I will be very cautious and I won't enter unless I see a strong rebound.
💬 My summary opinion
The overall trend is still upward in the medium term.
But the market is heading into a critical moment, either a breakout above or a correction below.
Personally, I am watching the resistance at 4600 as a strong entry signal if a real breakout occurs.
�