Ethereum Update: Major Investors Anticipate Recovery as $3,800 Level Remains Intact
Ethereum (ETH) appears poised for a potential upswing, as renewed optimism among investors, supportive technical signals, and increased institutional involvement suggest a move toward the $4,200 mark. Currently, ETH is trading around $3,857 and has experienced a reversal in ETF outflows. On October 21, U.S. spot ETH ETFs saw $141.6 million in net inflows, primarily driven by Fidelity's FETH and BlackRock's ETHA, according to a
From a technical perspective,
The current reading of the crypto Fear and Greed Index at 32 supports the argument for a short-term rebound. Historically, extended periods of fear have often preceded market bottoms, with buyers returning as selling pressure wanes, BreakoutTools notes. Ethereum's post-merge environment further strengthens the bullish outlook, as issuance rates near zero and staking activity increases, reducing the available supply, according to a
Institutional interest is also providing support. BlackRock's recent acquisition of 28,600 ETH through its ETF, valued at $110 million, highlights confidence in Ethereum's future, as reported by a
Looking forward, Ethereum's Fusaka upgrade, scheduled for December 3, 2025, aims to boost network performance with a gas cap set at 16.78 million units, according to a
Ethereum's journey to $4,200 depends on maintaining strength above $3,800 and breaking through the $4,000 level. With technical factors, institutional inflows, and improving sentiment coming together, the next several weeks will be crucial in determining whether this is the start of a significant recovery or just a temporary rally.
