The price of Ethereum has the possibility of rising in the next three days, but it also faces certain fluctuation risks.

According to an analysis by CoinWorld on October 5th, the price of Ethereum is hovering within a symmetrical triangle, with support levels at $4260 and $4000, consistent with the 50-day and 100-day EMA. The 20-day moving average has rebounded to $4346, confirming the re-emergence of short-term momentum. As long as the price remains above $4260, the short-term trend remains bullish, and if it breaks through $4700, it may accelerate to $4900 and $5000; however, if it fails to hold above $4260, it could fall back to $3930.
The price prediction tool of MEXC shows that if calculated with an annual growth input of 5%, the predicted price of Ethereum on October 9 will be $3338.2472. However, this prediction differs significantly from other analyses and is for reference only.
Overall, the recent on-chain capital inflow situation of Ethereum is relatively good, with a net inflow of 92.8 million US dollars on October 5, and market sentiment has shifted to "greed", which has a certain driving effect on the price rise. At the same time, the U.S. Treasury's exemption of 15% corporate income tax on ETH also brings regulatory benefits to Ethereum. However, it is important to note that the cryptocurrency market is highly volatile, and the price of Ethereum has not yet broken through key resistance levels. If it cannot effectively break through 4700 US dollars, it may consolidate between 4260 and 4450 US dollars. #十月加密市场预测