Cryptocurrencies took a beating over the weekend, however Ethereum managed to outperform Bitcoin and erase most of the recent losses. Also CME Group had announced the launch of its Micro Ether futures in November to meet the rising institutional demand for Ethereum. Yesterday price bounced off the lower limit of the ascending channel and EMA 100 (purple line) and later in the session broke above the psychological $4000.00 level. Currently price is testing local resistance at $4366.00 which coincides with 23.6% Fibonacci retracement of the last upward wave. Should a break higher occur, upward move may accelerate towards all-time high at $4870.00 which is marked with upper limit of the 1:1 structure.
ETHEREUM, D1 interval. Source: xStation5
Bitcoin loses momentum falling to $111k 📉Ethereum loses 3%
Crypto news: Bitcoin rebounds after the sell-off 📈Ethereum above $4000
Daily Summary: Gold and Indices lower, Dollar bounces back💲
Chart of the day - ETHEREUM (09.10.2025)
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
