Ethereum Approaches Key Resistance: Time to Buy?
Ethereum (ETH) is generating great expectations in the crypto market as it approaches a crucial resistance level around $4,402, according to an analysis by Mikybull Crypto published on October 9, 2025, on platform X. At the time of publication, ETH recorded a slight decline of 2.77%, but remained close to this technical point considered decisive. According to Mikybull, if the price surpasses this resistance, it could trigger a strong upward movement, similar to what happened with the shares of IREN Limited, which recently broke the $60 mark.
The presented chart uses a weekly interval and compares the price action of ETH with that of IREN, a crypto miner listed on NASDAQ. The similarity between the patterns of both assets caught the attention of the community, which reacted enthusiastically on social media.
Users like @Dip__Sniper highlighted the similarities with IREN's performance, while @EmGracesgbc dubbed the potential rise "ETH express".
Despite the optimism, analysts warn that factors such as updates in the Ethereum network, market sentiment, and macroeconomic trends may impact the price. The transition to Proof-of-Stake and the growing adoption of DeFi strengthen the fundamentals of ETH, but volatility remains.
For investors, this moment may represent a strategic entry window — as long as it is accompanied by adequate research and risk management.
