BlackRock just dropped 1,198 BTC and 15,121 ETH into Coinbase for selling, which has everyone wondering if this could be the bottom. On the flip side, Bitmine went big, scooping up another $300 million worth of ETH this week, pushing its total holdings to a massive $12.39 billion.

And if that was not enough drama, the Hyperliquid whale, the one who made $192 million off the Trump tariff news back on October 10, is back in action. He just opened an $18 million long on ETH and a $15 million long on BTC, and that move is already making rounds on CT.

Market Cap

Does it mean much right now? Probably not. More than $242 million in long positions got liquidated in just the past four hours, mostly from ETH traders. So yeah, the shakeout is real.

Still, Ethereum just hit a record $17.7 billion in daily trading volume, showing on-chain activity is heating up again. Combine that with the oversold technicals, and ETH might be hinting at a bounce sooner than most expect.

Ethereum Price Prediction: Finally the Bounce Everyone’s Been Waiting For?

(TradingView)

Ethereum’s chart is showing a repeating pattern of bounces from a diagonal support trendline that has been tested several times, forming a solid base each time. Price is currently sitting just under the red resistance zone near 3,900. A level that has acted as a rejection area multiple times in the past.

If ETH fails to hold above this zone, it could dip once more to retest the lower trendline around 3,500 or even 3,400 before a stronger rebound forms. The structure overall suggests accumulation. Those rounded touches on the lower boundary hint that buyers are stepping in on each dip.

If the bulls can push back through 3,900 and hold it as support. The next big level to watch would be around 4,230, with a potential breakout path toward 4,630. For now, ETH is in a range where patience pays; one more fakeout before a proper breakout is totally possible.

Maxi Doge Could Save Ethereum, And Here Is Why

While Ethereum traders are watching the charts and waiting for that long overdue bounce, a new player on the Ethereum network is catching serious attention — Maxi Doge, the meme coin that’s being called the “Ethereum saver.”

Maxi Doge is not just another meme token riding hype. It’s built right on Ethereum. Backed by strong tokenomics, a fast-growing community, and real utility that gives holders more than just laughs. With early staking rewards offering around 80% APY and over 3.81 million dollars already raised in its presale, it’s proving that meme coins can still bring real returns, even when the market looks rough.

As Ethereum grinds through its support zone and preps for a possible breakout. Maxi Doge is already riding the wave of renewed activity on the network. It blends Ethereum’s reliability with fresh meme energy. Giving traders a fun, high-reward way to stay in the game while waiting for ETH’s comeback.

If ETH recovers like the charts are hinting, Maxi Doge could be the biggest meme coin winner.

DISCOVER: Best Meme Coin ICOs to Invest in 2025

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Key Takeaways


  • Ethereum is flashing signs of a potential bounce after a heavy shakeout, with on-chain volume hitting a record $17.7 billion.
  • The chart shows accumulation forming near key support, hinting that ETH could soon break past $3,900 toward the $4,200–$4,600 range.

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Ahmed Balaha
Ahmed Balaha
Crypto Journalist

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. He has a strong interest in financial literacy and sustainable investing, and he combines these... Read More

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