Ethereum News Today: BlockDAG's F1 Gamble: Will ETH and SHIB Navigate Q4's High-Stakes Race?

Ethereum (ETH) is consolidating near $4,416, with analysts highlighting critical support at $4,250 and resistance around $4,640. On-chain data from Glassnode shows the Spent Output Profit Ratio (SOPR) remains above 1.0, indicating sellers are transacting at a profit. Active Ethereum addresses hover near 440,000, a high for the current range, while the RSI on the four-hour chart sits at 52-53, signaling neutral-to-bullish momentum Ethereum Price Analysis: ETH Chart Flashes Buy Signal^[1]. Analyst Ali Martinez predicts ETH will retest $4,250 as support, with a potential rebound to $4,640 if bulls regain control above $4,385 Ethereum Price Analysis: ETH Chart Flashes Buy Signal^[1]. Historical Fibonacci retracement levels suggest a break above $5,153 could reignite a rally toward $5,590 or higher Ethereum Price Analysis: ETH Chart Flashes Buy Signal^[1].

Ethereum's broader trend remains bullish compared to its early 2025 low of $2,000, with higher lows intact. However, near-term volatility is expected as volumes ease post-summer rally. A breakdown below $4,260 could trigger a pullback to $3,900, while a sustained move above $4,500 may target $4,874 and $5,000 Ethereum Price Analysis: ETH Chart Flashes Buy Signal^[1]. Coinpedia's October 2025 price prediction notes Ethereum's RSI is at its most oversold level since April 2025, historically preceding rallies. If ETH reclaims and holds $4,000, it could aim for $7,000–$8,000 in Q4, aligning with its historical fourth-quarter performance Bitcoin, Ethereum and XRP Price Prediction For October 2025^[2].

Shiba Inu (SHIB) is testing key support at $0.0000114, with a 9% 24-hour gain as of October 8. The token defended the $0.0000105–$0.0000110 range, supported by a 26% spike in trading volume, suggesting accumulation by long-term holders. However, the burn rate dropped 92%, with only 2.6 million tokens burned in 24 hours, raising questions about deflationary pressure . Technical indicators remain cautiously bearish: the RSI at 41.13 and OBV declining below the 50 threshold . Core marketer Lucie hinted at upcoming utility-driven developments, including Karma on Puppynet, which could shift SHIB's narrative from meme to functional ecosystem .

BlockDAG (BDAG)'s $420 million presale has positioned it as a top 2025 crypto project, with nearly 27 billion tokens sold at $0.0012. The partnership with the BWT Alpine Formula 1® Team integrates blockchain into motorsport fan experiences, including simulators and Web3-powered activations. Unlike traditional sponsorships, the multi-year deal embeds BDAG into Formula 1's global audience of over a billion fans, offering blockchain exposure through live events and digital collectibles SHIB Holds Key Support Level; Trading Volume Spikes +26%^[5]. The partnership aligns with BDAG's technical roadmap, including hybrid DAG-blockchain architecture and EVM compatibility, while its X1 mobile mining app has attracted 3 million daily users .

Ethereum's near-term trajectory hinges on holding $4,250–$4,260 support, with a potential rebound to $4,640 if bulls control $4,385. SHIB's critical $0.0000114 level remains a pivot point, with a successful defense likely to attract renewed buying interest. BlockDAG's presale and Alpine F1 partnership highlight blockchain's expanding cultural reach, blending technical innovation with mainstream adoption. As Q4 2025 progresses, Ethereum's Q4 history and SHIB's utility-driven developments will be key factors for crypto traders and investors Ethereum Price Analysis: ETH Chart Flashes Buy Signal^[1]Bitcoin, Ethereum and XRP Price Prediction For October 2025^[2].