Key Notes

Ether jumped 6.6% in a day, reclaiming the $4,400 zone.

Whales sold over $200 million worth of ETH ahead of $4,505 resistance.

Analysts eye Wyckoff breakout and possible $8,000 rally this cycle.

Ethereum ETH $4 389 24h volatility: 2.2% Market cap: $529.94 B Vol. 24h: $41.77 B is bouncing back strongly after last week’s dip to $3,850. The second-largest crypto gained more than 6% on Oct. 2, climbing to $4,383 at the time of writing. Market data suggests that ETH 24-hour trading volume has surged by 45%, currently standing at $52.48 billion.

However, large holders are beginning to take profits as Ether approaches a key resistance.

According to analyst Ali Martinez, $4,505 remains a crucial level that could determine ETH’s short-term direction. Th

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