Ethereum (ETH) surged 15% last week and is currently trading at $4,550 as of October 5, 2025. The asset has gained 1.5% in the previous 24 hours and now has a market capitalization figure of $550 billion. The number of trades also increased in the protocol, now recording between 1.6 million and 1.7 million daily transactions.
Ethereum reclaimed its position above the psychological level of $4,600 that it had earlier held. Traders are now targeting the $4,650-$4,700 level of resistance, which has been tested 4 times in the last few weeks, without a clear close. A sustained breakout above this level may open the way for gains to $4,900-$5,000. In contrast, a rejection could cause a retracement towards $4,200, which is considered a key support level.