Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Ethereum Posts Strongest Quarterly Close, Breaks $3,600 Resistance as 1.7M Daily Transactions Could Fuel Move Toward $6,400

Ethereum Posts Strongest Quarterly Close, Breaks $3,600 Resistance as 1.7M Daily Transactions Could Fuel Move Toward $6,400

CoinotagCoinotag2025/09/30 16:00
By:Sheila Belson







  • Strong quarterly close above $3,600 resistance

  • Daily transactions surged to 1.6–1.7M, surpassing a four‑year range and indicating rising DeFi activity

  • Technicals and network data together suggest a validated breakout with a measured extension target near $6,400

Ethereum posts its strongest quarterly close ever, breaks resistance at $3,600, and records 1.7M daily transactions, fueling momentum toward $6,400.

What is the significance of Ethereum’s quarterly close above $3,600?

Ethereum breakout significance: ETH’s highest quarterly close on record confirms a clean breakout above decade-long resistance near $3,600, reducing false-breakout risk and increasing the likelihood of a sustained rally. This technical validation, combined with rising on-chain activity, supports analyst projections toward a measured target near $6,400.

How many transactions has the Ethereum network reached and why does it matter?

Network activity has risen to an average of approximately 1.6–1.7 million transactions per day. That figure exceeds the four-year range of roughly 900,000–1.2M daily transactions and highlights increased decentralized finance (DeFi) usage and broader on-chain adoption. Higher throughput often precedes extended bullish phases.

#Ethereum is Insanely Bullish Right Now 🚀 #ETH just broke out with its strongest quarterly candle ever. Target could be $6,400. pic.twitter.com/cvOMiTFCT9

— Titan of Crypto (@Washigorira) October 1, 2025

Titan of Crypto called the quarterly structure “insanely bullish,” citing the breakout and a measured Fibonacci extension toward $6,400. Analysts note that the current quarterly pattern mirrors early stages of prior large rallies, which historically preceded accelerated price moves.

Why did on-chain metrics strengthen Ethereum’s breakout thesis?

On-chain metrics strengthen the breakout thesis because transaction volumes and active addresses are primary adoption indicators. Darkfost reported daily transactions climbing to new highs (~1.6–1.7M). Sustained growth in these metrics demonstrates expanding network utility rather than purely speculative positioning.

Ethereum Posts Strongest Quarterly Close, Breaks $3,600 Resistance as 1.7M Daily Transactions Could Fuel Move Toward $6,400 image 0 Source: Darkfost

Even during earlier corrections this year, Ethereum maintained higher-than-historical daily transaction averages, underscoring resilient network demand. When price breakouts coincide with rising transactions, it increases the conviction that fundamentals support price action.

How could ETH reach the $6,400 projection?

Analysts calculate the $6,400 projection using measured move techniques and Fibonacci extensions from the consolidation range. Steps that support the path include: 1) sustained quarterly close above $3,600, 2) continued transaction and DeFi growth, 3) favorable market-leading cues from Bitcoin, and 4) expanding institutional and developer activity.

What risks could invalidate the breakout?

Key risks include a swift macro reversal, abrupt liquidity withdrawal, or a meaningful decline in on-chain activity. A failure to retest and hold the $3,600 area on shorter timeframes would raise the probability of a false breakout despite the strong quarterly candle.


Frequently Asked Questions

Has Ethereum ever rallied similarly after a quarterly breakout?

Yes. Historical cycles show ETH can accelerate after confirmed multi-quarter breakouts. Comparable setups preceded fast rallies when on-chain adoption metrics and market liquidity aligned.

How should traders use transaction data alongside price?

Traders should pair rising transaction counts with clean price structure. If both trend higher, the breakout gains credibility; if transactions fall while price rises, caution is warranted.

Key Takeaways

  • Validated quarterly breakout: ETH closed above $3,600, reducing the probability of a false breakout.
  • On-chain adoption rising: Daily transactions near 1.6–1.7M indicate expanding DeFi and network use.
  • Measured target: Technical projections and Fibonacci extensions point to a potential $6,400 target if momentum continues.

Conclusion

Ethereum’s strongest quarterly close, combined with record daily transactions and supportive technical structure, creates a compelling case for continued upside. Analysts and on-chain commentators agree the measured move toward $6,400 is plausible if on-chain growth and broader market conditions persist. Monitor transaction trends and quarterly support levels for confirmation.

In Case You Missed It: BlackRock $136M Bitcoin ETF Buys May Signal Growing Institutional Demand, Ethereum ETF Allocations Also Rise
0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

CME Suspension: Global Market Vulnerabilities Revealed by Thermodynamic Constraints

- CME Group halted Globex trading on Nov 28, 2025 due to CyrusOne cooling system failure in Chicago, freezing 90% of global derivatives markets. - The outage caused erratic price swings in gold/silver and disrupted EBS forex platforms, exposing vulnerabilities in third-party data center reliance. - Despite post-holiday timing softening immediate impact, the incident highlighted systemic risks from thermodynamic limits in AI-era infrastructure. - CME faces pressure to build redundant systems as it expands c

Bitget-RWA2025/11/28 13:02
CME Suspension: Global Market Vulnerabilities Revealed by Thermodynamic Constraints

Turkmenistan's Approach to Cryptocurrency: Navigating Government Oversight and Public Confidence

- Turkmenistan will implement strict crypto regulations from 2026, requiring miner registration, exchange licensing, and anti-money laundering protocols under President Berdimuhamedov. - The framework mirrors Central Asian neighbors' approaches but prohibits anonymous transactions, national symbols in branding, and hidden mining operations. - While aligning with global crypto oversight trends, the law maintains state control over digital assets, raising questions about market viability amid Turkmenistan's

Bitget-RWA2025/11/28 13:02
Turkmenistan's Approach to Cryptocurrency: Navigating Government Oversight and Public Confidence

Ethereum Updates Today: Institutional Optimism Meets Technical Challenges: The Pivotal Moment for Crypto

- Ethereum and XRP face critical technical junctures on Nov 28, 2025, with ETH testing $2,500–$3,200 support and XRP hovering near $2.30 amid mixed signals. - Bitcoin's bearish trend (50-day EMA at $100,937) contrasts with JPMorgan's "tradable macro asset" designation, potentially attracting institutional capital. - Solana's BONK memecoin launches a physically-backed ETP on SIX Swiss Exchange, bridging meme coins and traditional markets amid SOL's $140 support risks. - Market dynamics highlight institution

Bitget-RWA2025/11/28 13:02
Ethereum Updates Today: Institutional Optimism Meets Technical Challenges: The Pivotal Moment for Crypto

How a Query from an Office Supplies Specialist Transformed a $12 Billion Trucking Approach

- A non-trucking board member's question prompted Ryder System to shift focus from leasing to targeting 80-85% of companies owning their own trucks. - The strategic pivot aligns with growing demand in long-haul freight driven by e-commerce, trade agreements, and tech innovations like IoT fleet management. - Industry consolidation and sustainability trends, including electric trucks, are reshaping competition as firms expand specialized services like temperature-controlled logistics. - Ryder's experience hi

Bitget-RWA2025/11/28 12:42
How a Query from an Office Supplies Specialist Transformed a $12 Billion Trucking Approach