Ethereum News Today: Technical Strength and Institutional Inflows Sustain Crypto's Bull Market

The cryptocurrency market has shown resilience following a recent downturn, with veteran trader Peter Brandt reaffirming a bullish outlook on Bitcoin (BTC), Ethereum (ETH), XRP, and XLM. Despite a sharp decline in Bitcoin to $104,000 amid U.S. tariffs on Chinese imports, Brandt asserts the bull market remains intact, emphasizing that key technical indicators and long-term trends support continued upward momentum. His analysis highlights the potential for Ethereum, XRP, and XLM to reclaim prior highs, positioning them as key beneficiaries of the broader recovery Peter Brandt Flips Bullish on Bitcoin, Ethereum, XRP, and XLM^[1].

Brandt's bullish stance on Bitcoin is grounded in its adherence to a four-year cycle and its ability to maintain critical support levels. He argues that the recent pullback, while significant, is a correction within a larger uptrend. Bitcoin's price action respects a descending triangle pattern, with support at $109,000–$110,000 and resistance above $123,000. If the asset breaks above $123,000, it could target $150,000, aligning with historical patterns and institutional adoption trends Legendary Trader Peter Brandt Issues Bullish Verdict on Bitcoin, …^[2].

Ethereum, currently trading at $3,813, is described by Brandt as "ready to rock and roll." He notes that the altcoin has been consolidating within a horizontal range, with a breakout above $4,700–$4,800 expected to clear long-term resistance. This would validate Ethereum's role as a leading altcoin, driven by its transition to proof-of-stake and upcoming upgrades like the Dencun protocol. Brandt's analysis suggests that Ethereum's fundamentals, including layer-2 scalability solutions and DeFi growth, could drive it to new highs COINTURK NEWS - Bitcoin, Blockchain and Cryptocurrency News …^[3].

For XRP, Brandt has shifted from earlier bearish warnings to a more optimistic view. After the token fell to $2.20 in September, he now sees $3.00 as a key psychological level for a potential rebound. XRP's technical setup, including a descending triangle and strong institutional accumulation, supports this target. The recent stabilization of XRP's price above $2.75, coupled with growing ETF interest, underscores its potential to reclaim prior momentum Peter Brandt: Bitcoin Bull Run 'Still Alive' Despite Tariff Crash; BTC $150K Target & ETH, XRP, XLM Breakout Next?^[4].

Stellar (XLM), currently at $0.33, is characterized by Brandt as a bull "waking from a nap." He identifies $0.25 as a critical support level and $0.60 as a potential resistance target. XLM's focus on financial inclusion and low-cost transactions, along with its historical strength relative to other altcoins, positions it as a sleeper opportunity. Brandt's charts indicate that a sustained move above $0.35 could trigger a multi-stage rally Expert projects massive XRP price breakout: SEC decision fuels …^[5].

The broader market context includes the impact of U.S. tariffs on China, which initially triggered a $16 billion liquidation in derivatives. However, Brandt argues that such corrections are healthy, allowing weak hands to exit while setting the stage for a resumption of the bull trend. Institutional inflows into Bitcoin and Ethereum ETFs, along with growing corporate adoption, further reinforce the long-term narrative for crypto assets What To Expect From XRP in October 2025? - BeInCrypto^[6].