TL;DR
- Ethereum’s sitting pretty above $4,500, eyeing $4.88K-will it break the resistance? Let’s hope so! 😜
- Long-term chart shows ETH’s been happily bouncing off trendlines since 2018-predicting more of the same? Maybe! 🤷♂️
- Over 2.6 million ETH waiting to unstake, suggesting everyone’s feeling rather optimistic about long-term gains. 🤑
ETH Holds Strong at $4,500-A Bull Run in the Making?
Well, well, well-Ethereum’s just above $4,500 at the time of writing, with a 5% increase over the past week. Not bad, not bad at all! There’s been a small hiccup (a 2% drop, but who’s counting?), and a trading volume of $33.6 billion in the last 24 hours. Yet, the mighty ETH has managed to hold the $4,500 level like a champ!
Trader Tardigrade-yes, that’s the name, I assure you-has posted a long-term chart showing ETH still following the same ol’ ascending pattern it started way back in 2018. The crypto has bounced off that lower trendline several times and, each time, it’s led to a glorious upward march. So, can we expect the same thing? Only time will tell, but let’s hope it’s not a repeat of last year’s ‘I swear, next time, I’ll rise!’ moment. 😅
$ETH/weekly#Ethereum has begun the Bull Run
– Trader Tardigrade (@TATrader_Alan) September 15, 2025
The $4,880 Dilemma: Break It or Bust It?
Ethereum’s eyeing the $4,800-$4,880 range, where it’s faced resistance before. If it can close above that zone, well, we could be in for a real treat-a bullish breakout that sends ETH skyrocketing. But, here’s the thing: it’s a tough nut to crack, and ETH has failed to break this level in previous attempts. Will it succeed this time? Or will it just tease us again? 🙄
Market analyst Nami has weighed in on the matter:
Hey everyone, Ethereum’s consolidating into something serious.
We’ve reclaimed $4,500 cleanly, and now the pressure’s mounting around $4,800-$4,880-that zone isn’t just resistance, it’s the test of whether the next leg up can begin.
What I’m watching: • If $ETH closes a…
– Nami (@Namiixbt) September 15, 2025
As the pressure builds, a daily close above this level could open up the floodgates to higher price levels. But let’s not get too carried away-first, let’s see if those pesky short positions get wiped out. 🤞
Fortunately, the support zone between $4,200 and $4,400 has been rock-solid during recent pullbacks. It’s been doing its job, taking the hits and keeping ETH stabilized above $4,500. For now, things look pretty favorable as long as this range holds. Keep an eye on it!
According to Nami, that support is “doing its job: protecting downside, absorbing dips.” What a hero, right?
ETH’s Exit Queue Hits Record High-Is Everyone Fleeing or Just Cashing Out? 💸
Here’s the kicker: over 2.6 million ETH are waiting to exit staking. No, that’s not a typo-it’s real! According to ValidatorQueue, the wait time to unstake ETH has now reached 45 days, a record high. So, what’s going on? Why the rush? Well, since the approval of spot ETFs, Ethereum is increasingly being treated as a long-term hold, and some people are cashing in on their gains or preparing for the next big leap.
CryptoQuant noted that this shift in demand, along with on-chain growth, is fueling the market momentum. So, are we on the verge of the bull run of our lives? Or is this just another false alarm? Well, grab your popcorn, folks-this show isn’t over yet! 🍿
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2025-09-15 20:19