Ethereum

Galaxy

Resistance

Ethereum (ETH) is trading near $4,100, with a daily trading volume of $27.6 billion. The asset has fallen slightly over the past 24 hours but remains up more than 6% over the past week. Traders are watching key levels to see if ETH will continue moving sideways or begin a new upward move.
Recent price action has drawn comparisons to past setups that led to large rallies.
<h2 id="pattern-resembles-june-july-setup">Pattern Resembles June–July Setup</h2>
Analyst Galaxy pointed out that ETH’s current structure looks similar to the one seen between June and July 2025. At that time, ETH moved from around $2,500 to $3,800 after forming lower lows and then trading in a tight range.
<blockquote class="twitter-tweet">
 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>
 Looking like June-July 2025, before the run from $2500 to $3800.
 We could very well be in the consolidation phase before the run to new all time highs. <a href="https://t.co/HIKQhhU9FZ" rel="noopener noreferrer nofollow">pic.twitter.com/HIKQhhU9FZ</a>
 — Galaxy (@galaxyBTC) <a href="https://twitter.com/galaxyBTC/status/1983053395494687140?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 28, 2025</a>
</blockquote>

Currently, the chart shows that ETH is again trading inside a narrow band, holding between $4,000 and $4,150. This structure is marked by sideways movement without new lows, which some see as a possible base before a move higher.
Moreover, another analyst, Crypto Rover, <a href="https://x.com/cryptorover/status/1982880475875356901" rel="noopener noreferrer nofollow">shared</a> a chart comparing ETH’s current structure to the one from late 2020. In that cycle, the asset traded in a small range before breaking out in November and continuing to rally through the following months.
The chart shows a descending channel forming just after ETH’s March 2025 low. This is similar to the setup before the 2020 breakout.&nbsp;The timing of this move, based on the chart, may fall between late October and early November.
<h2 id="traders-watching-key-resistance">Traders Watching Key Resistance</h2>
Analyst Ted <a href="https://x.com/TedPillows/status/1983074331266822557" rel="noopener noreferrer nofollow">said</a> ETH recently failed to hold above $4,250, pulling back to retest support near $4,050.
<blockquote>
 “So far, Ethereum is showing a strong bounceback and could rally toward the $4,200–$4,300 level again today,” he wrote.
</blockquote>
As <a href="https://cryptopotato.com/ethereum-forms-bullish-pattern-breakout-toward-5k-could-be-next/" rel="noopener noreferrer nofollow">reported</a> by CryptoPotato, ETH is forming a “Power-of-3” pattern. A move above $4,250 could trigger what traders see as the next expansion phase.
<h2 id="market-activity-and-developer-debate">Market Activity and Developer Debate</h2>
ETH-based investment funds saw outflows of $169 million last week, breaking a five-week streak of inflows, as previously <a href="https://cryptopotato.com/ethereum-sees-169m-in-outflows-but-traders-arent-backing-down-on-leverage-bets/" rel="noopener noreferrer nofollow">reported</a>. Still, interest in leveraged ETH products remains strong, pointing to continued demand for short-term moves.
Meanwhile, Ethereum co-founder Vitalik Buterin and Solana’s Anatoly Yakovenko <a href="https://cryptopotato.com/vitalik-buterin-and-anatoly-yakovenko-clash-over-ethereums-layer-2-security/" rel="noopener noreferrer nofollow">discussed</a> Ethereum Layer 2 security. The exchange raised questions in the community about how secure these L2 networks really are.
The post <a href="https://cryptopotato.com/is-ethereum-eth-ready-for-a-breakout-like-june-2025/" rel="noopener noreferrer nofollow">Is Ethereum (ETH) Ready for a Breakout Like June 2025?</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Is Ethereum (ETH) Ready for a Breakout Like June 2025?

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