Ethereum News Today: Ethereum's Whale-Driven Rebound Challenges Geopolitical Pressures

The U.S.-China geopolitical standoff has intensified volatility in global markets, with cryptocurrency investors recalibrating strategies amid shifting risk appetites. Bitcoin's mixed performance in October—trading near $111,300 as of press time—has left the asset 2.3% below its monthly open, raising concerns about a potential negative "Uptober" if prices fail to recover before month-end, according to a Cryptonews report. Meanwhile, Ethereum has seen a sharper sell-off, bleeding $127 million in ETF outflows, though on-chain data suggests a possible rebound as large holders accumulate, the report adds.

The cryptocurrency market's divergent trajectories highlight a broader rotation in investor sentiment. Bitcoin, which typically gains around 20% in October during bull cycles, has struggled to extend its "Uptober" gains, with prices fluctuating within a $107,000–$111,500 range. Analysts note that historical "Uptober" performance has often been followed by a "Moonvember" rally, though 2025's -4% monthly decline ranks among the worst since 2014, the article observes. In contrast, Ethereum's price action has drawn attention to a potential reversal setup. A "triple bottom" pattern forming around $3,750–$3,800 indicates strong buying support, with a decisive break above $4,000 potentially unlocking near-term gains toward $4,280, according to technical commentators.

On-chain activity further underscores Ethereum's resilience. Large holders, or "whales and sharks," have added back roughly one-sixth of the coins they sold between October 5 and 16, signaling improving confidence, according to Yahoo Finance. Analysts like Ali Martinez project a long-term path to $10,000 for Ether, though he cautions that a pullback into 2026 may precede a multiyear climb. Similarly, The Long Investor has set a $13,500 target by 2029, emphasizing a patient, multi-year horizon.

These dynamics have prompted high-profile investors to adjust their positioning. One such figure, known in crypto circles as the "FOMO King," has shifted from speculative tactics to a more methodical "Ant Farm" strategy, doubling down on Ethereum with a $640,000 investment. The investor's total exposure now exceeds $22 million, reflecting a bet on Ethereum's long-term fundamentals amid short-term turbulence. This move aligns with broader market trends, as accumulation among large holders and technical indicators suggest Ether could stabilize and rebound.

The Federal Reserve's recent proposal to let stablecoin issuers access the banking system directly has added another layer of uncertainty, though crypto markets remain fixated on geopolitical risks. With U.S.-China tensions unlikely to abate soon, investors are balancing caution with opportunistic positioning. For Ethereum, the path forward hinges on clearing key resistance levels and sustaining the accumulation seen among institutional and large retail players.