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Ethereum News Update: Is Ethereum Facing an ETF Sell-Off or Poised for a November Surge with Its Triple-Bottom Pattern?

Ethereum News Update: Is Ethereum Facing an ETF Sell-Off or Poised for a November Surge with Its Triple-Bottom Pattern?

Bitget-RWA2025/10/25 10:46
By:Bitget-RWA

- Ethereum's price stabilizes at $3,958 amid shrinking exchange reserves, whale accumulation, and rising Layer-2 adoption, signaling potential breakout conditions. - The November 2025 Fusaka upgrade aims to boost scalability, with analysts projecting $6,925 by 2025 and $15,575 by 2030 driven by ETF adoption and institutional demand. - ETF outflows ($127.5M) contrast Bitcoin inflows, while on-chain data suggests a "triple-bottom" pattern around $3,750 could precede a strong rally. - Macroeconomic risks from

As November 2025 draws near, Ethereum’s price movement has reached a crucial juncture, with experts pointing to a mix of on-chain trends, broader economic influences, and anticipated protocol enhancements that could reshape its valuation. Following a 5.59% decrease so far this month,

(ETH) is currently valued at $3,958.47 as of October 21, having fallen from its record intraday peak of $4,955.23 in August, based on data from . Still, underlying changes—such as declining exchange balances, increased activity from large investors, and greater Layer-2 integration—are setting the stage for a potential surge in the network’s value.

Recent figures indicate that Ethereum’s price has been steady between $3,700 and $4,000, buoyed by heightened network usage. Daily transaction counts have exceeded 1.2 million, and the total value locked in decentralized finance (DeFi) has climbed 8% over the past week, according to

. Gas fees, which reflect demand, have also risen, pointing to robust network activity without causing major slowdowns. These developments are consistent with Ethereum’s deflationary trend since the Merge, as increased token burns lower overall supply. Market watchers believe that if Ethereum surpasses the $4,400–$4,500 range, it could aim for $4,800–$5,000 before the year concludes.

Nevertheless, the recovery faces several obstacles. Ethereum exchange-traded funds have experienced $127.51 million in withdrawals this month, in contrast to Bitcoin’s $20.33 million in net inflows, as noted by

. This difference highlights a shift in investor preference, with outperforming Ethereum throughout October. However, blockchain data indicates that Ethereum is undergoing a “triple-bottom” consolidation near $3,750–$3,800—a pattern that has historically preceded significant upward moves, according to . Major investors are accumulating ETH, and exchange reserves have dropped to their lowest levels in months—a trend that associates with increased institutional buying.

The Fusaka upgrade, set for November 2025, could provide further impetus. This hard fork is designed to improve Ethereum’s scalability and performance, tackling persistent network limitations, according to

. Coinpedia analysts forecast that Ethereum could reach $6,925 in 2025 and potentially $15,575 by 2030, fueled by ETF growth, institutional participation, and Layer-2 expansion. Technical signals such as the RSI also point to positive momentum, with the possibility of Ethereum testing the $5,250 mark in October if buying interest remains strong.

Broader economic factors are also at play. Ongoing tensions between the U.S. and China, along with changes in Federal Reserve policy, have created a turbulent environment, causing risk assets like cryptocurrencies to react sharply to shifts in sentiment, as reported by CryptoNews. Ethereum’s performance in November could depend on whether macroeconomic conditions stabilize, enabling ETF inflows to counteract short-term selling.

At present, Ethereum is navigating a precarious situation. Although the recent 5.59% monthly decline and ETF withdrawals are cause for caution, underlying strengths—from a DeFi resurgence to increased whale holdings—indicate durability. The upcoming Fusaka upgrade and potential improvements in the macro environment could prove decisive, making November a key turning point for Ethereum’s price outlook.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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