Ethereum is settling near a key price range, with multiple analysts pointing to a possible breakout that could propel the asset toward new highs. Market data shows that institutional demand and on-chain accumulation continue to strengthen Ethereum’s position as it tests major resistance levels.
Market observer Gordon highlighted that Ethereum’s technical structure has shifted, but the broader upward plan remains intact. His 1-day chart of ETH/USD on Binance shows consistent resistance around $4,000, an area Ethereum struggled with before breaking out in August.
While Ethereum has held above since, recent bearish trends have led it to retest the area. The analysis suggested that a sustained trend above the support could spark a move toward $6,800, an increase of roughly 70% from current levels.
Similarly, trader Michaël van de Poppe noted that a “higher low” has formed on the Ethereum chart, calling the setup “magnificent.” He stated that ETH could register a strong breakout and possibly a new all-time high within one to two weeks if momentum holds.
His chart shows the cryptocurrency trading between $3,600 and $3,800, with notable buying activity and a rebound from recent lows. At the time of writing, Ethereum was trading at $3,983.81, and the token has recorded a decline of 2.06% over the past 24 hours.
Institutional Accumulation Strengthens Ethereum Bullish Outlook
Adding to this technical setup, Rand, another crypto analyst, shared data showing the continued accumulation of Ethereum by public companies. An image from The Block shows that corporate treasuries now hold nearly 3.5% of Ethereum’s circulating supply as of October 2025, continuing its recent growth. The increase follows the approval of staking for spot Ethereum ETFs and interest in corporate Ether treasury strategies.
Public Companies continue to stack $ETH hard for their treasuries. pic.twitter.com/sWLqvkJP2m
— Rand (@crypto_rand) October 15, 2025
Bitcoin remains the dominant asset in company reserves, accounting for about 4% of total supply, while Solana’s holdings have also risen to nearly 2%. The data show that corporate entities are expanding their digital asset portfolios beyond Bitcoin.













