Core Insights - Ethereum is currently experiencing bullish momentum, with expectations of reaching a new All-Time High (ATH) soon, particularly in October [1] - The market is showing signs of an uptrend, with shorts being liquidated and support levels being established [1][2] Technical Analysis Overview - On the Weekly timeframe, Ethereum is approaching the 2021 ATH, which is seen as a critical level for initiating the anticipated alt season [2] - The price has recently broken above the 2024 high, which is now acting as support, indicating a potential continuation of the uptrend [2] - The Daily timeframe shows that the Moving Averages have flipped into an uptrend since July, with key support levels identified at $3350 and the July high [3] Short-Term Market Structure - On the 4-Hour timeframe, a Low-Timeframe Market Structure Break (LTF MSB) has been identified, with $4210 as a crucial level to reclaim for further upward movement [4] - The price is currently below the 4H moving averages, and reclaiming $4400 is necessary to maintain bullish momentum [4]

Core Insights - ETHFI, the native token of the Ethereum-based liquid restaking protocol ether.fi, has seen a price increase of 11% despite a general decline in the broader crypto market [2] - Technical indicators suggest that ETHFI has strong upside potential, driven by increasing demand among market participants [2][3] Price Action and Technical Indicators - The Super Trend indicator for ETHFI has established dynamic support below its current price, indicating a bullish sentiment among traders [3][4] - ETHFI's price trading above the Super Trend line confirms that the recent rally is supported by strong underlying momentum rather than short-term volatility [5] - The Accumulation/Distribution (A/D) line for ETHFI has risen to 109.84 million, reflecting a 59% increase since September 21, indicating growing buying pressure [5][6] Market Outlook - ETHFI's price could potentially break through the resistance at $1.779 and aim for the $2 level if buy-side momentum continues [7] - However, if the broader market downturn intensifies, ETHFI may struggle to maintain its gains, leading to possible consolidation around current levels or a decline below $1.435 [8]