On October 29, Bitcoin spot ETFs saw about $470 million in outflows, and Ethereum ETFs had another $81 million pulled — pretty normal stuff during the uncertainty around the FOMC meeting.
Now that the rate cut is done and the dust has settled, ETH might only need a small push to get its bullish setup going again, especially since institutions are still quietly buying.
On-chain data shows BitMine Immersion Technologies scooped up 27,316 ETH (worth roughly $113 million) on Tuesday through BitGo, using the wallet “0xDc8…3a07f,” according to Arkham data. BitMine hasn’t officially confirmed the buy yet, but the move definitely caught attention.
And let’s not forget the upcoming network upgrade. The Hoodi testnet just completed Ethereum’s Fusaka upgrade smoothly, marking the last test phase before mainnet launch. Nethermind confirmed everything went well, calling it a big milestone ahead of Fusaka’s full release, which is expected around December 3.
ETH Price Prediction: Can It Hit 5K in November?
One chart analyst pointed out that ETH is sitting on a really strong support zone based on horizontal levels and is still holding above its 20-week moving average — both solid signs.
Price has pulled back into the 3,800–3,600 range, which lines up almost perfectly with that 20-week MA. This zone has acted as a solid base in past corrections, so holding it is key if ETH wants to keep its bigger bullish trend intact.
That green area basically marks where liquidity might get grabbed again before price pushes higher. If ETH holds above it, the next move could send it toward the 4,600–4,800 range. But if 3,600 breaks, we could see a deeper pullback into the low 3,000s before bouncing back. For now, the structure still looks bullish as long as buyers defend that zone.
Maxi Doge: The Next Best Meme Coin On ETH?
While everyone is watching Ethereum’s next big move, meme traders are already circling what could be the next breakout gem on the ETH network, Maxi Doge.
Maxi Doge is not just another meme token. It is built on Ethereum, powered by a growing community, and backed by solid tokenomics. It mixes meme energy with actual utility, offering early staking rewards, strong liquidity, and a fair launch that is attracting serious attention.
The presale has already raised over 3.81 million dollars, and staking rewards are sitting at around 80% APY. That means holders earn while waiting for the next big move.
As Ethereum builds momentum for its next leg up, Maxi Doge is lining up perfectly to ride that wave. It has the hype, the timing. And the exposure to Ethereum’s comeback story, all setting it up to be one of the top meme coins of this cycle.
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Key Takeaways
- Ethereum is holding strong above key support and could push toward 4,800 dollars if momentum keeps up after the Fed’s rate cut.
- Maxi Doge is emerging as the next big meme coin on Ethereum. Raising over 3.8 million dollars with 80 percent APY staking rewards.
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