Ethereum News Today: Why Ethereum's Whales and ETFs Are Fueling a Potential 97% Price Surge

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Monday, Oct 13, 2025 7:08 am ET1min read
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- Ethereum's cup-and-handle pattern suggests a potential 45%-97% surge by early 2025, with analysts like Venturefounder and Wolf projecting $5,349 and $9,000 targets if key support/resistance levels hold.

- Record ETF inflows and growing institutional demand, alongside whale wallets controlling 57% of supply, reinforce bullish sentiment despite potential short-term pullbacks.

- A $4,500 resistance level and U.S. Dollar Index (DXY) trends remain critical, with sustained volume above 500,000 ETH daily needed to confirm the breakout.

Ethereum's price chart has formed a prominent cup-and-handle pattern, with analysts forecasting a potential 45%-97% surge by early 2025. Pseudonymous crypto analyst Venturefounder highlighted a three-year pattern forming on Ethereum's chart, suggesting a target of $5,349 if the $3,800 support level holds. This projection aligns with a 97% increase from Ethereum's current price of $3,669 Ether Price Target: Crypto Analyst Cup-and-Handle Formation[1]. Another analyst, @CryptosBatman, identified a "pure cup and handle" structure over four months, projecting a 45% move to $4,200 if the $2,850 neckline is sustained Ethereum Forms ‘Pure Cup And Handle’ Pattern[2]. Meanwhile, trader Wolf anticipated a more aggressive rally to $9,000-$10,000 by May 2025, citing bullish technical setups Ether Price Target: Crypto Analyst Cup-and-Handle Formation[1].

The pattern's validity is bolstered by recent market dynamics. Spot

Ethereum
ETFs in the U.S. recorded a record $332.9 million in inflows on November 29, reflecting growing institutional demand Ether Price Target: Crypto Analyst Cup-and-Handle Formation[1]. Additionally, Ethereum's short-term outperformance against Bitcoin-driven by declining exchange reserves and reduced sell-side pressure-has reinforced optimism Ethereum Forms ‘Pure Cup And Handle’ Pattern[2]. However, analysts caution that the pattern's "handle" phase could trigger a pullback. Historical data from the pattern site ThePatternSite.com indicates that 47% of cup-and-handle breakouts see significant retracements, with 23% rising less than 15% before declining Top 104 Ethereum Whales Now Control 57% of All ETH[4]. Glassnode analysts noted that Ethereum's $4,500 resistance level, a critical threshold in past bull cycles, could signal either euphoric momentum or structural instability if breached .

On-chain metrics further contextualize the bullish outlook. Ethereum whale wallets (holding >100,000 ETH) now control 57% of the total supply, a record high indicating long-term confidence Ethereum Faces Critical $4.5K Resistance[6]. Meanwhile, Ethereum's 197% price recovery since April's $1,472 low has coincided with whale accumulation of 14% more

ETH
over five months . Despite these positives, traders are advised to monitor the U.S. Dollar Index (DXY), which remains near 105.8. Venturefounder noted that a breakdown in DXY's 100-106 range could precede a crypto market surge Ether Price Target: Crypto Analyst Cup-and-Handle Formation[1].

Technical analysts emphasize the importance of volume and resistance levels. A breakout above $4,500 would need sustained volume exceeding 500,000 ETH daily to confirm bullish momentum . Conversely, a failure to hold the $2,800 support level could trigger a retracement to $2,900-$2,850 Ethereum Forms ‘Pure Cup And Handle’ Pattern[2]. The interplay between Ethereum's technical structure and macroeconomic factors-such as ETF inflows and DXY trends-will likely define its near-term trajectory.