Transcription
Hello, this is Cryptolie. I hope you are doing well. Today we are going to talk about Ethereum, to see what the targets are. We indeed have a rather positive momentum on Ether, the number 2 crypto. And naturally, when Ether breathes, all cryptos breathe too. This is exactly what we are seeing. Altcoins are benefiting from Ethereum's acceleration, and I think this will continue to be the case. Hence the interest in analyzing, in understanding Ethereum regarding what will happen. We will review the different updates that will arrive, what is concretely happening on the protocol, and the ETFs. What are the price targets upwards and downwards? This will be the program of this video, and we are starting right away to talk about the updates, including one that will arrive in November 2025, which will be "Fusaka," which is highly anticipated. In it, we will have an improvement, particularly of the Ethereum structure itself, to facilitate the integration of Layer 2s. So, we should have major improvements that will benefit Ethereum 2. Will we see something as strong as Spectra? Unfortunately, no. But in any case, we are still in a continuity of acceleration of Ethereum improvements. Where we said Ethereum was lagging, they are catching up on quite a few things with Fusaka, which should arrive in November 2025. Rather positive.
Next, we will look at DeFi to examine the structuring in terms of decentralized finance. We see that we have 133 billion dollars directly integrated into Ethereum's DeFi. Ethereum still dominates everything related to decentralized finance, with consistently high daily revenues. When we look at Uniswap, it's 2.52 million dollars, Lido 3 million dollars, Aave 2.3 million dollars, and so on. This is to show you how much of a living ecosystem we have on Ethereum. And when we look at stablecoins too, 22 million dollars in fees for Circle, 7 million dollars. So, stablecoins are primarily on Ethereum, and this is also reflected in the stablecoin market cap: 161 billion dollars in stablecoins are on Ethereum. So, Ethereum is still the leader, that hasn't changed, there's no decrease in this regard. Yes, we see some blockchains appearing that are specific to potentially other applications launching their own blockchains. We have Uniswap with its own blockchain too, but that doesn't prevent the volume, and people tend to go to Ethereum because that's where there's the most liquidity, where there's the most volume, where it's the most secure because it's the oldest. So naturally, there's a growing interest, and this will also be the case when we have the arrival of institutional investors truly in decentralized finance. Things that are happening with the various news we're seeing, and by the way, I will be doing a webinar on DeFi. If you're interested, it's Sunday, October 12th at 8 PM. You can register in the comments or description. We will talk about centralized finance, the opportunities there are, because there are many opportunities on Ethereum, but not only. You'll see that quickly.
Well, in the meantime, it's rather positive for decentralized finance, and we also see at the ETF level, we currently hold 5.45% of the supply in ETFs. So, there has already been good progress, and especially an acceleration in June-July 2025, with a slight pause here, but we see that we have resumed a progression phase. We had a truly parabolic phase this summer, and we see that we are pausing a bit, but we still have regular liquidity injections. When we look here for the month of October, we started rather positively with 309 million dollars, 76, 127, and 429. So, globally, we still have very strong, very powerful liquidity injections, driven by BlackRock. And there's news coming out now about ETF staking. For now, only Grayscale will have this, but it's highly probable that we'll have other providers like BlackRock, for example, which owns the majority of ETFs, more than 57% of the market share, which is huge, potentially offering staking, and therefore, yield directly on ETFs. So, a product with appreciation, with volatility, with yield, and possibly integration into derivative products. This means everything to make the Ethereum ETF attractive and thus see even stronger liquidity injections.
Okay, that's from a macro perspective and integration into traditional finance. We saw that internally it works well with DeFi. There are always yields, and therefore, always revenues. 1 million dollars, 1.3 million dollars in fees are recovered every 24 hours by Ethereum. So, it's working rather well. Now, what is concretely happening regarding token withdrawals? We had already seen that many people were unstaking because there's a desire to sell. To sell, you need to be able to withdraw your tokens from staking. And we saw an explosion in Ethereum withdrawals following the Ethereum surge, an explosion of Ethereum to unstake, meaning to exit validation nodes. 2.6 million Ethereum were requested to be withdrawn on September 11th. We saw a decrease here, so little by little it was happening, and we see an increase again with the short-term acceleration we experienced: 2.4 million Ethereum still to withdraw, and we see that the delays are lengthening. We are at 46 days, and we've gone back to 43 days, whereas we had dropped to 34 days.
Well, what this concretely tells us is that indeed, people are potentially preparing before taking profits. They don't want to be blocked for 46 days. So, if you have your own node or if you are on Liquid Staking, think carefully about taking the steps to unstake. It can take time, or to do swaps between STETH if you are on Lido and ETH, because indeed it can take time, and you can have a significant price difference. If we push very hard and everyone wants to sell and no one wants to be blocked for 46 days, unfortunately, you risk getting caught out. So, be very careful on that front.
Well, enough talk about Ethereum news. Let's now focus on Ethereum itself. It's very interesting to see what's happening. We had an acceleration phase with a peak here, just a wick. A three-step breather occurred. We maintained the top around $4,000. It was bought back up to around $3,700-$3,600. Rather positive. Bullish reaction. Unfortunately, we don't have a clear breakout yet. But we see that we have a very positive return on the weekly chart. We'll switch to daily later, but on the weekly, we are truly in a relatively strong bullish trend here. We reached the objectives of the 1.111 Fibonacci extension. Oops, let me redo it, excuse me, of the bullish acceleration up to the full retracement. So, we reached a first target, naturally taking profits, a breather. Now, what we will expect is a bullish reaction to retest $5,000, consolidate here, and I think we will have a breakout, and upon breakout, we risk going to look for new targets. We still have the 1.618 around $6,600.
Okay, great, but what are the targets we could aim for in between? And there are several. For me, first, it's to look short-term. That means this bullish impulse on this retracement we've had. A first one around $5,500-$5,400, where we could indeed have strong resistance. And then, we see the 1.618 of this expansion which goes to $6,400-$6,300, so $6,500. So, we will have a zone here of potential profit-taking that will be quite significant. So, ideally, we position ourselves a little before, and I think it will be a very strong resistance zone, and this zone will need to be watched very, very closely because it risks impacting a lot.
When we look at the daily chart, we see that it's slightly different, where we will have a very strong return to the RSI level on a breakout, so a bullish reaction. Ideally, breaking $4,776, so this small ATH that was made here, would be the validation of the trend reversal, and we risk potentially having a small pullback, but this small pullback will be positive, meaning something like this. So, we will retest $5,000, we fail, we will potentially retest a bit lower around $4,300. That would be a good opportunity to accelerate again to go for the targets we set earlier. In any case, we are in something that is structurally rather strong. We even see the potential setup of a compression phase with a breakout that would be rather bullish. Don't forget that Ethereum is the leader compared to altcoins. If Ethereum breaks out, there's a high chance that all altcoins will break out too and follow. So, we still have a phase where Ethereum dominates, and then altcoins follow.
And when we look at the dominance against BTC, so against Bitcoin, which is always very important to see if we are entering an Ethereum cycle or not. Well, we see that we've had a breather phase that has lasted for quite some time. We are slowly heading towards 0.03, with a very good support on this ratio. This means a halt in Ethereum's underperformance against Bitcoin, for a restart of Ethereum, for a re-acceleration towards the next zone, which would be around 0.06 for me, where we will then see what happens in terms of timing and in terms of BTC versus Ethereum. In any case, we see there's an adoption. We know we are heading towards the end of 2025. We are entering the last quarter, which is rather bullish: October-November. However, we also know that December is complicated, and that's why we need to have a good strategy. So, please, be careful and manage your risk well. Remember to take profits and not take screenshots, that's always the most important thing. And if you liked this video, like it, share it, and especially subscribe. And I'll see you very soon.