TLDR
- Ethereum is trading at $4,304, up 3.46% in 24 hours and 2.7% over the past week with trading volume rising 6.51% to $43.48 billion
- Spot Ethereum ETFs saw $547 million in inflows on September 29, 2025, led by Fidelity with $202 million and BlackRock with $154 million
- Ethereum must hold support above $4,261 to maintain its bullish trend, according to crypto analysts
- The cryptocurrency successfully flipped the $4,000 level from resistance to support, with price targets ranging from $8,000 to $10,000
- Derivatives data shows bullish positioning with a Binance long-to-short ratio of 1.8 and open interest at $56 billion
Ethereum is trading at $4,304 at the time of writing. The price represents a 3.46% increase over the past 24 hours.
The cryptocurrency has gained 2.7% over the past seven days. Trading volume has climbed 6.51% to reach $43.48 billion.
Ethereum spot ETFs recorded major inflows on September 29, 2025. The products attracted approximately $547 million in new capital. Fidelity led the buying with around $202 million in purchases.
$ETH ETF inflow of $127,500,000 🟢 yesterday.
BlackRock bought $127,500,000 in Ethereum. pic.twitter.com/sXfDHhfHUs
— Ted (@TedPillows) October 1, 2025
BlackRock added close to $154 million to its holdings. These inflows ended several consecutive days of outflows from Ethereum ETFs.
Research indicates that $100 million in ETF inflows can lift spot prices between 0.3% and 0.7%. The renewed institutional demand has provided stability to the market.
Crypto analyst Marzell Crypto noted that Ethereum recently pushed past the $4,300 mark. The analyst stated that maintaining closes above $4,261 is critical for continued upward movement. This level now serves as a key support point.
UPDATE!!! 🚨
ETHEREUM is PUMPING!!! 🚀
📊 #ETH has tapped the $4,300 level and is showing strength.
✅ On the 4H timeframe, we need to see price hold and close above $4,261 today for longs to remain valid.
As long as $ETH stays above this key zone, momentum favors further… https://t.co/cdIiBHK4P5 pic.twitter.com/fqUG7IFSJq
— Marzell (@MarzellCrypto) October 1, 2025
Price Targets and Technical Analysis
Another analyst, BitBull, pointed out that Ethereum successfully converted the $4,000 level from resistance into support. This flip is viewed as a positive development by market observers.
Based on current market conditions, some analysts project potential price targets between $8,000 and $10,000. These forecasts depend on sustained momentum and market participation.
The Relative Strength Index for Ethereum currently sits at 50.82. This reading shows neutral market conditions with slight bullish momentum. The indicator has improved from an earlier reading of 44.57.
The MACD indicator stands at -12.1 with a signal line at -51.9. The histogram remains slightly positive but still in negative territory. This suggests some continuing resistance in the market.
Chart analysis identifies resistance near $4,275. Beyond this point, upside targets are seen at $4,450 and $4,800. Medium-term projections extend toward $5,766 if current momentum continues.
Support levels remain strong between $4,100 and $4,175. Ethereum is currently trading above this range. Analysts view this zone as a potential demand area if any pullback occurs.
Trading volume has increased by 13.86% to $84.44 billion according to CoinGlass data. Open interest rose 2.88% to reach $57.02 billion. These figures show continued trader and investor interest in the cryptocurrency.
The ETH OI-Weighted Funding Rate stands at 0.0062%. This rate indicates moderate market optimism among traders.
Derivatives market data shows bullish positioning among traders. Binance reports a long-to-short ratio of 1.8. Top traders display higher conviction with a ratio of 2.7.
Daily futures volumes jumped 38% to $72 billion. Options activity increased by 50%. These rises in volume indicate that traders expect larger price movements.
Ethereum remains below a descending resistance trendline from September highs. A confirmed close above $4,300 would represent a structural shift. This move could open a path toward higher price targets of $4,450, $4,800, and eventually $5,766.
