ether Hovering near $3,946 at 13:57 UTC on October 25, rejection on high volume around $4,000 kept the price below resistance, while analysts outlined five-figure scenarios, and on-chain data pointed to the addition of large wallets.
Analyst Ali Martinez offered a long-term path to $10,000, warning that it could take longer than some expected; Their weekly sketch suggests a comeback in 2026 and a subsequent climb to five points around 2027-2028.
Separately, The Long Investor set a price target of $13,500 by 2029, laying out a multiyear trajectory rather than a near-term call.
On the flows side, Santiment said “whales and sharks” holding 100-10,000 ETH have added back about one-sixth of the coins they sold between October 5 and October 16, calling it a sign of improving confidence among large accounts.
Together, the ideas constructively rely on a multi-year horizon, but they also mean that the momentum must first clear key resistance levels before increasing momentum.
session overview
According to technical analysis data models from CoinDesk Research, Ether The last 24-hour session ended this morning (UTC) rose from $3,955.91 to $3,937.05, an almost $120 swing (about 3.1% intraday) that ended near the low. The model shows resistance in the $3,945-$4,000 area and support around $3,870-$3,880, with an immediate shelf near $3,930. The structure features a narrow range beneath a round-numbered roof and above a recently preserved support area.
Volume and Intraday References
The key change came when volume jumped 188% above the 24-hour average – peaking at 444,887 contracts – during a failed attempt to break through the $4,000 level. The price briefly tagged $4,001.69 before sellers halted the move.
Following that rejection, ETH made lower peaks and settled in a late-session rectangle between $3,930 and $3,940 as activity cooled. A small burst of 23,884 contracts pushed the price to $3,948, but it faded without follow-through above $3,945, reinforcing the idea that $3,945-$4,000 is the local range that needs a decisive break.
what to look forward to
A clean break and hold above $4,000 at UTC closing would open at $4,100 and recapture early month highs; Failing that, an immediate loss of the $3,930 shelf would likely send the price into the $3,870-$3,880 demand zone identified by the model. Analyst projections are multi-year and not dependent on a one-day tape, but near-term traction still hinges on converting the high-$3,900s into support.
CoinDesk 5 Index (CD5)
On the same window, the CoinDesk 5 Index rose from 1,945.13 to 1,953.72 after bouncing off intraday lows of 1,922.57 and stopping near 1,961.57, with several testing strong support around 1,920-1,925.
Read the latest 24 hour and one month charts
As of 13:57-13:58 UTC on October 25, ETH was $3,946 (up 0.5% over the period). On the 24-hour chart, the session opened near $3,926, reaching a high of $3,957 and a low of $3,876. In practice, $3,900-$3,920 acted as an intraday buy zone, and $3,950-$3,960 limited the bounce before the next attempt at $4,000.
On a one-month chart, ETH has bounced back from its mid-October decline and is moving back towards $4,000, which is still below early-month highs – a setup that supports a long road analyst outlook, provided resistance gives way and reclaimed levels hold on subsequent retests.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance Our standards. For more information see CoinDesk’s full AI policy.