Ethereum Price Prediction Eyes $3,500 Before $60K Macro Target
- ETH must reclaim $2,800 before $3,400 to $3,500 becomes credible.
- Crypto Patel maps $10,000 expansion and $60,000 macro bull targets.
- Ether ETFs lost about $155 million across four consecutive sessions.
Ethereum traded near $2,716 on October 5, holding above the $2,600 support area after September’s advance. The Ethereum price prediction now centers on whether ETH can close above $2,800 and reach $3,400-$3,500. Crypto Patel also outlined a longer-term $60,000 macro target, although that scenario requires several major resistance breaks.
Ethereum Price Prediction Tests $2,800 Breakout Resistance
ETH has remained above the $2,600-$2,635 support zone while consolidating near $2,700.
A strong weekly close above $2,800 could target $3,400-$3,500.
The broader Ethereum price prediction from Crypto Patel extends much further. The $60,000 level represents his macro bull case, not a near-term objective.
Ethereum Price Prediction Weighs ETF Outflows and Liquidity
The Ethereum price prediction also faces weaker institutional flows. U.S. spot Ether ETFs recorded about $155.12 million in net outflows across four sessions. BlackRock and Fidelity accounted for most withdrawals on the latest reported day.
Liquidity presents another constraint. CoinGecko measured ETH order-book depth near $13 million-$14 million close to the mid-price. That represented only 35%-45% of Bitcoin’s comparable depth across eight major exchanges.
The next Ethereum price prediction catalysts include the Glamsterdam Sepolia activation on October 6. The upgrade introduces proposer-builder separation and block-level access lists. Federal Reserve minutes arrive October 7 and could also influence crypto liquidity.
A loss of $2,600 would shift attention toward $2,480-$2,520. A confirmed break above $2,800 would strengthen the pathway toward $3,000 and $3,400-$3,500.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
British builders grow more pessimistic: PMI rises to an eight-month high, but major projects are still being collectively shelved
UK builders became more pessimistic in September. The PMI rose to an eight-month high of 46.1 but remains in contraction territory; weak orders and Middle East conflicts are causing companies to delay project decisions.
European Central Bank board member warns: The Middle East energy shock has not yet affected wages, and the longer the conflict lasts, the greater the risks become.
European Central Bank member Rehn stated that the energy shock in the Middle East has not yet affected prices and wages, but the longer the conflict lasts, the greater the risk of transmission; the central bank has already raised interest rates twice, and rates may be raised again.
Silver price today: Silver broadly unchanged, according to FXStreet data
IREM names Kim Woo-jin, Sung Young-chul, Lee Hyung-do as director nominees in corrected filing
IREM issued a correction to its Sept. 4 board resolution calling an extraordinary shareholders’ meeting, updating the agenda to specify three director appointments. The meeting is scheduled for Oct. 21 at 9 a.m. at the company’s headquarters in Buan, North Jeolla Province. The revised slate includes the reappointment of CEO Woojin Kim as an inside director for a three-year term. The revised slate includes the appointment of Youngcheol Seong as an inside director for a three-year term. The revised slate includes the appointment of Hyungdo Lee as an independent director for a three-year term. The correction dated Oct. 6 was filed to reflect the finalized agenda items. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IREM Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261006900738), on October 06, 2026, and is solely responsible for the information contained therein.
Crypto prices
More
