Open an Account
☰
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open an Account
✖

ETH/USD Eyes Higher Ground After Rebound from $4440

By :   David Scutt , Market Analyst
October 9, 2025 1:46 AM
  • ETH demand rising from big players
  • Dip bought below $4440
  • Bulls eye $4560 breakout

ETH/USD Summary

Ethereum continues to attract institutional interest, with over 10% of its circulating supply now held by treasuries and ETFs. That backdrop has coincided with renewed buying interest in ETH, as technical signals suggest directional risks may be shifting higher in the near term.

ETH Institutional Interest Grows

According to Strategic ETH Reserve, institutional investors now hold over 10% of Ethereum’s circulating supply. That includes around 5.66 million ETH held by corporate treasuries and 6.81 million ETH held by spot ETFs, totalling 12.48 million ETH or 10.31% of supply.

The shift points to growing institutional confidence in Ethereum as a strategic asset, along with a meaningful change in market structure with long-term holders playing a larger role in price discovery.

That backdrop has coincided with a fresh bid emerging in ETH/USD, with the latest pullback below $4440 attracting buyers and helping to stabilise price action.

 

 

ETH/USD Technical Analysis

With buyers active at lower levels and price momentum shifting neutral, directional risks for ETH/USD may be shifting higher in the near term. The H1 chart reveals buyers stepping in below $4440 earlier in the week, helping spark a rebound towards known resistance at $4560 before retracing to minor support at $4500. These are the levels to consider for anyone looking at setups in ETH/USD, providing a blueprint for entry and stop levels in the short term.

Source: TradingView

Having recently printed a bullish engulfing candle, the preference remains to buy dips over selling rips—especially given the price action below $4440 over recent days. While there’s no definitive signal from RSI (14) or MACD on price momentum, with both indicators sitting in neutral territory, that’s a distinct turnaround from earlier in the week when they were offering strong bearish messages.

Given where ETH/USD trades, one setup to consider would be buying dips towards $4500 with a tight stop beneath for protection, targeting $4560 resistance initially. If the price drifts higher, another option would be to see whether bulls can break and hold above $4560 on the H1 timeframe, allowing for long positions to be established above the level with a stop beneath for protection. Depending on desired risk-reward, $4640 resistance, the October 8 high of $4758.3, or the record high of $4867 screen as possible targets.

Should the mildly bullish bias prove to be incorrect, a clean break beneath $4440 would open the door for bearish setups to be considered.

The information on this web site is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement. The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency or CFD contract. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. Any references to historical price movements or levels is informational based on our analysis and we do not represent or warranty that any such movements or levels are likely to reoccur in the future. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

Futures, Options on Futures, Foreign Exchange and other leveraged products involves significant risk of loss and is not suitable for all investors. Losses can exceed your deposits. Increasing leverage increases risk. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Contracts for Difference (CFDs) are not available for US residents. Products and services available depend on your location and the entity holding your account. Before deciding to trade forex, commodity futures, or digital assets, you should carefully consider your financial objectives, level of experience and risk appetite. Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. You should consult with appropriate counsel or other advisors on all investment, legal, or tax matters. References to FOREX.com or GAIN Capital refer to StoneX Group Inc. and its subsidiaries. Please read Characteristics and Risks of Standardized Options.

FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosures and Risk Warning. Increased leverage increases risk.

GAIN Capital Group LLC (dba FOREX.com) 30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, USA. GAIN Capital Group LLC is a wholly-owned subsidiary of StoneX Group Inc.

© FOREX.COM 2026