Ethereum's price has dropped 5.4% since the start of the month, but several indicators suggest it’s gearing up for a rebound to $6,000, according to Cointelegraph analyst Yashu Gola.

$ETH might be closing its first losing October since 2018, driven by rising competition from platforms like Solana and weak market response to ETH spot #ETFs . Still, Ethereum is holding above the critical $2,400 support level.

What could push ETH to $6K?

1️⃣ Strong Support — previous rebounds from this level saw gains of up to 160%.

2️⃣ Institutional Moves — a $1.3B ETH withdrawal from Coinbase hints at long-term interest.

3️⃣ Capital Rotation — Solana may have “overheated,” positioning ETH to lead an altseason.

Will ETH reach $6K by 2025? All signs point to a potential lift-off! 🌕

#Ethereum✅