Ethereum (ETH) did indeed experience a fall on October 9, 2025, with the price falling below the $4400 mark. This decline was the result of short-term technical weakness and some profit-taking pressure in the market.

The following summarizes the main factors affecting the price of Ethereum on that day, helping you quickly understand the overview.

Influencing Factors Specific Performance
Technical resistance The price failed to break through the resistance level of $4700 and subsequently fell below the key support of $4500.
Market sentiment Short-term traders tend to take profits near resistance levels, resulting in over $90 million in positions being liquidated.
Potential selling pressure: ETH worth approximately $10 billion is waiting to be released from the staking network, creating potential supply pressure in the future.
Positive signals show strong institutional demand (for example, Ethereum ETF saw an inflow of $621 million in October), and most retail investors remain bullish.

💡 How to analyze the subsequent trend

The cryptocurrency market is highly volatile. To assess the future trend of ETH, it is recommended that you pay close attention to the following aspects:

· Key price levels: Closely monitor whether $4400 can become a solid support level. If it is effectively broken down, the next support range to observe is around $4000 to $3700. The resistance levels above are at $4700 and $5000.
· Institutional capital flow: The behavior of institutional investors has a significant impact. You can continuously track the inflow/outflow of funds for the Ethereum spot ETF, which is a direct window to observe the intentions of large capital.
· On-chain data monitoring: It is important to pay attention to where the staked ETH that is awaiting withdrawal ultimately flows. If a large amount of ETH is transferred to exchanges, the risk of short-term selling will increase; conversely, if these ETH are reinvested into other yield-generating protocols, the impact on the market will be reduced.