{"id":875091,"date":"2025-10-02T21:34:20","date_gmt":"2025-10-03T02:34:20","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/02\/ethereum-price-analysis-is-eth-ready-to-moon-akin-to-bitcoin-and-gold-soon\/"},"modified":"2025-10-02T21:34:20","modified_gmt":"2025-10-03T02:34:20","slug":"ethereum-price-analysis-is-eth-ready-to-moon-akin-to-bitcoin-and-gold-soon","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/10\/02\/ethereum-price-analysis-is-eth-ready-to-moon-akin-to-bitcoin-and-gold-soon\/","title":{"rendered":"Ethereum Price Analysis: Is ETH Ready to Moon Akin to Bitcoin and Gold Soon?"},"content":{"rendered":"
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\"Ethereum<\/figure>\n<\/div>\n
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Ethereum (ETH) price has gained bullish momentum in the past two days akin to Bitcoin (BTC) and Gold. The top-tier altcoin, with a fully diluted valuation of about $541 billion, surged over 4% during the past 24 hours to reach a range high of about $4,517 before retracing to trade around $4,485 at press time.\u00a0<\/p>\n

The Ethereum price pump in the last two days has almost mirrored that of Bitcoin, which has closely followed the footsteps of gold<\/a>. With the wider crypto market signaling a bullish outlook, more than $470 million was liquidated from the leveraged traders during the last 24 hours.\u00a0<\/p>\n

Top Reasons Why Ethereum Price Surged Today<\/h2>\n

\u2018Uptober\u2019 Crypto Bullish Narrative<\/h3>\n

Historically, the Ethereum price has recorded positive returns in October since its inception. Moreover, Ether price is expected to record a parabolic rally in the fourth quarter, akin to the 2017 crypto summer.\u00a0<\/p>\n

\"ETH<\/figure>\n

Short Squeeze Impact<\/h3>\n

Heavy liquidation of short traders in the past two days, amid \u2018Uptober\u2019 sentiment, has influenced the rising odds of a short squeeze. During the past 24 hours, a total of $129 million was liquidated from Ether\u2019s leveraged market, with over $106 million involving short traders.<\/p>\n

High Demand from Whale Investors\u00a0<\/h3>\n

The demand for Ethereum by whale investors has remained high in the recent past. For instance, aggregate market data from CoinGecko<\/a> shows that a total of 13 entities, led by BitMine, have accumulated over 4 million ETH, valued at nearly $18 billion.<\/p>\n

Market data analysis from SoSoValue<\/a> shows that the U.S. spot Ether ETFs purchased Ether valued at around $80 million on Wednesday.<\/p>\n

What\u2019s Next for Ether Price?<\/h2>\n

From a technical analysis standpoint, the ETH price <\/a>has rallied above a crucial support\/resistance level around $4.2k in the last two days.\u00a0<\/p>\n

\"ETHER\"<\/figure>\n

However, crypto analyst Ali Martinez recently noted<\/a> that the ETH price faces a strong resistance level around $4,505.<\/p>\n<\/div>\n

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We’d Love to Hear Your Thoughts on This Article!<\/h2>\n
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\n Steve Muchoki<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) price has gained bullish momentum in the past two days akin to Bitcoin (BTC) and Gold. The top-tier altcoin, with a fully diluted valuation of about $541 billion, surged over 4% during the past 24 hours to reach a range high of about $4,517 before retracing to trade around $4,485 at press time.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":875092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25740,4759],"tags":[],"class_list":{"0":"post-875091","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum","8":"category-price"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/875091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=875091"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/875091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/875092"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=875091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=875091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=875091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}