Ethereum (ETH) jumped to the $4,300 level after breaking the important resistance at $4,000. As higher levels are seen ahead, the move has gained new attention from analysts.At the time of writing, ETH has gained roughly 4% since yesterday, with daily volume exceeding $34 billion.Long-Term Channel Points Toward Five DigitsMerlijn The Trader described Ethereum’s price structure as a “ladder,” where each breakout sets a higher base for the next rally. He pointed to three major steps: the $1,440 peak in 2018, the $4,400–$4,800 highs in 2021, and the recent breakout above $4,000 in 2025.His chart shows ETH moving inside a long-term ascending channel with projected targets at $6,500, $8,000, and $10,000. “Ignore the fear. Five-digit Ethereum is inevitable,” he said, noting that the $4,000 retest may now act as solid support.Source: Merlijn The Trader/XProfit-Taking and October RallyIncomeSharks presented a trading plan based on staged selling, where 10% exits are placed at different resistance levels. The chart presents ETH crashing down from above $4,600 and retaking support at $4,000, considered another “fakeout.”$ETH – Selling another 10% to make sure we see $5k in Pumptober. pic.twitter.com/WIJgy16x4M— IncomeSharks (@IncomeSharks) September 30, 2025The strategy aims to protect profits while keeping exposure for upside. IncomeSharks suggested seasonal strength in October—often dubbed “Pumptober”—could support a run toward $5,000 if the reclaimed support holds.Market Conditions and Funding DataCryptoJack posted a weekly view showing ETH consolidating above the $3,800–$4,000 zone, which previously acted as resistance and is now seen as support. He highlighted Ethereum’s earlier breakout from a descending broadening wedge, noting that the recent pullback looks like standard consolidation.#ETH still looks bullish Funding is negative, fear is high, massive liquidations happening.But soon, the market will show its true strength pic.twitter.com/O2rn9ZAXzs— CryptoJack (@cryptojack) October 1, 2025These conditions often mark oversold markets that can rebound if support holds. His chart points to possible targets between $6,000 and $6,500 if buying pressure returns.Funding rates are the positives, with the aggregated level at 0.0121. It signals an increasing demand for long positions in derivatives, yet, on the flip side, a sharp rise in funding can point toward potential short-term corrections.Source: CoinalyzeInstitutional Treasuries Favor EthereumCas Abbé reported that Ethereum has now surpassed Bitcoin in the percentage of supply held by digital asset treasury companies. Treasuries hold 4% of ETH compared to 3% of BTC.“It seems like ETH has become the new institutional favourite,” he noted.Meanwhile, an increase in treasury holdings indicates a growing appreciation of Ethereum as an institutional asset. With technical strength still above $4,000, analysts are wondering if ETH can continue climbing this ladder toward higher targets set in the channel.The post ETH Breakout at $4K Sparks Bold $10K Target Forecasts appeared first on CryptoPotato.