Ethereum Price Surges to $4,200 Today — Is a Break Above $10,000 Next?

Jakarta, Pintu News – Ethereum (ETH) price has remained stable at around $3,900 after failing several times to break back to the $4,000 level. Despite showing resilience, ETH price is now facing new uncertainties following the latest outlook from analysts.

Market participants are watching whether a retest of the $3,800 support zone could trigger a reversal. The future outlook is still divided between short-term weakness and optimism about Ethereum’s long-term price prospects.

Then, how is Ethereum’s current price movement?

Ethereum Price Up 7.22% in 24 Hours

On October 27, 2025, Ethereum’s price reached approximately $4,206, or around IDR 70,113,204 — marking a 7.22% increase over the past 24 hours. During this time, ETH fluctuated between a low of IDR 65,421,840 and a high of IDR 70,246,913.

At the time of writing, Ethereum’s market capitalization is estimated at around IDR 8,441 trillion, while its 24-hour trading volume has surged by 127%, reaching IDR 490.2 trillion.

Read also: Bitcoin Price Rises to $114,000 Today: BTC Potentially Experiencing Consolidation

Ethereum Price Analysis: Short-Term Decline Could Pave the Way to $10,000

Over the weekend, the price of Ethereum stabilized around $3,900 after failing to stay above the $4,000 level. According to analyst Ted Pillows, ETH is likely to test the $3,800 region again before a reversal occurs, where this zone is considered a strong support area.

In the chart he shared, several possible recovery paths are visible, suggesting that Ethereum might consolidate for a while before resuming its rise. This $3,800 zone has also previously proven to be a structurally important area, which reinforces that view.

Ted’s short-term view is also in line with the general belief that the market is currently in a pause phase before entering an expansion phase. This perspective is closely related to Ethereum’s price projections in 2025, which remain optimistic despite short-term corrections.

Meanwhile, analyst Ali Martinez predicts that Ethereum could reach the $10,000 level in the next few years, although not in the near future. His long-term chart shows a steady uptrend, which could potentially bring the ETH price to that mark by 2027.

Martinez also emphasized that the breakout level at $4,250 will be an important confirmation point for the next bullish phase. Similarly, Arthur Hayes in his recent interview on the Bankless podcast also voiced similar optimism. He still believes that Ethereum is far from the peak of its cycle, and maintains a target of $10,000.

Hayes thinks the current market fluctuations are just “background noise” in a larger uptrend. Overall, these analysts imply that Ethereum’s long-term strength lies in patience, asset accumulation, and consistent conviction.

Read also: Bitcoin and Ethereum Explode, 5 Altcoins Rise Over 100% Today

ETF Outflows of Around $93 Million and BlackRock Sale Hit Market Sentiment

As reported by Coingape, outflows from the Ethereum ETF totaled around $93 million, indicating a significant drop in institutional exposure. BlackRock alone sold $101 million worth of ETH, indicating reduced short-term confidence from large investors.

This large outflow occurred as Ethereum struggled to maintain a position above the $3,900 level. Notably, outflows from ETFs like this usually reflect bearish sentiment, as institutions tend to exit when the market goes through a consolidation phase.

Meanwhile, the derivatives market in general has yet to show any renewed buying pressure. The combined impact of ETF redemptions and corporate sell-offs has slightly dampened investor spirits.

Nevertheless, Ethereum’s strong on-chain fundamentals could potentially balance out this short-term caution. The market’s focus is now on whether the support level around $3,800 can withstand the re-emerging selling pressure.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump. Accessed on October 27, 2025