Ethereum (ETH) Explodes 10.29% – Is This the Start of the Next Bull Run?

Ethereum just ripped through resistance, posting a blistering 10.29% single-day gain. The move sent shockwaves across crypto markets, flipping sentiment from cautious to greedy almost overnight.

The Engine Room: What's Fueling the Fire?

Forget sleepy consolidation—this surge has all the hallmarks of a major momentum shift. Liquidity is flooding back into smart contract platforms, with Ethereum leading the charge. It's not just retail FOMO; institutional order books are lighting up, suggesting the so-called 'smart money' is positioning for what comes next.

Beyond the Price: A Network Awakens

The pump tells only half the story. On-chain activity is spiking—transaction volumes are up, gas fees are ticking higher (a classic sign of renewed demand), and the number of active addresses is swelling. The network isn't just appreciating; it's being used. This separates a sustainable trend from a mere speculative blip, the kind Wall Street analysts usually miss until it's too late.

The Domino Effect: Altcoins on Standby

History doesn't repeat, but it often rhymes. A strong Ethereum typically acts as a rising tide for the broader altcoin market. Projects built on its ecosystem, from DeFi blue-chips to niche infrastructure plays, are now in the spotlight. Traders are scrambling to identify which sectors will catch the overflow of capital and enthusiasm.

A 10.29% move in a day is more than a statistic; it's a statement. It screams that Ethereum's core narrative—a global, programmable settlement layer—remains utterly compelling, even to the suits who still think blockchain is a type of Excel spreadsheet. The frenzy is back. The only question is how far it goes.

Ethereum Price Prediction Points to Short-Term Upside

Ethereum has managed to record a small profit of 0.12% in the last month. Though it is not a significant amount, it still indicates the coin’s ability to stay strong during hard times. The situation is worse if we look at the last three months. The price of ETH has been reduced to 27.72%, which is an indication of a bearish medium-term trend. The price of ethereum has dropped by 10.27% during the whole year and it is now valued at $3,386.27 since one year ago.

The low volatility situation endures. The volatility for one month is 3.88 and in the past month, ETH has seen 16 days with positive performance. All these signs point to a market that is stable and not influenced by the emotions of investors. The cryptocurrency is not in a wide-ranging state of fear, though the investors might be.

The peak price of Ethereum, $4,946.50, that was hit in August 2025, feels rather distant. The highest price of the present cycle is $3,434.68 and the lowest price of the cycle is $2,631.93. The present price is NEAR the median and it is in the process of being directed.

Ethereum Technical Signals Clash With Market Fear

During the Ethereum conversation, technically speaking, different things are happening at the same time. The market has a negative mood, and 76% of indicators support the bad side. The Fear & Greed Index is at 24, which is low down in the Extreme Fear zone. So the investors are being very careful. Some of them decided to take their money out and leave the market. Others are staying and observing what is going on.

However, the charts reveal something else. ETH’s price is above the 50-day and the 200-days Simple Moving Averages as well. Such a situation is an indicator that the market is likely to go up. The Relative Strength Index at 45.25 indicates that the digital currency is not in a state of price pressure at the moment. It is neutral. It is patient.

Important support levels are located at 2,928, 2,908, and 2,898 dollars. Resistance is close to 2,959, 2,969, and 2,989 dollars. The market will take its next step relying on these levels.

Ethereum’s prediction is still bearish on paper, but the price is exhibiting a subtle but sure confidence. If the bullish trend continues, the estimated 10.29% increase might not be a dream at all. Nevertheless, this is crypto. The market can be unpredictable and change dramatically at any moment. Ethereum is quick to react whenever it decides to do so.