Gold futures reached $4,000 per ounce for the first time amid surging demand 
for safe-haven assets. Analysts predict Bitcoin will follow suit.

Gold is just a breath away from $4K: Here’s what it means for Bitcoin

Switzerland’s gambling regulator Gespa is investigating the Fédération 
Internationale de Football Association (FIFA)’s blockchain-based “right-to- 
buy” tokens. The Gambling Law Inquiry Switzerland’s gambling regulator, Gespa, 
is reportedly investigating whether FIFA’s blockchain-based “right-to-buy” 
tokens comply with national gambling laws. Manuel Richard, Gespa’s director, 
said an initial internal assessment has not provided sufficient grounds to 
close the inquiry. […]

Swiss Regulator Investigates FIFA’s Blockchain Ticket Tokens for Possible Gambling Violations

Ethereum price started a steady increase above $4,650. ETH is now 
consolidating and might aim for more gains if it clears the $4,750 resistance. 
Ethereum remained stable above $4,500 and started a fresh upward move. The 
price is trading above $4,550 and the 100-hourly Simple Moving Average. There 
is a key bullish trend line forming with support at $4,550 on the hourly chart 
of ETH/USD (data feed via Kraken). The pair could continue to move up if it 
settles above $4,720 and $4,750. Ethereum Price Gains Over 10% Ethereum price 
remained supported above the $4,400 level and started a fresh increase, like 
Bitcoin. ETH price was able to climb above the $4,500 and $4,620 resistance 
levels. The price even spiked toward $4,750 and might continue to rise. A high 
is formed at $4,759 and the price is now correcting some gains. There was a 
move below the 23.6% Fib retracement level of the recent upward move from the 
$4,472 swing low to the $4,759 high. Ethereum price is now trading above 
$4,550 and the 100-hourly Simple Moving Average. Besides, there is a key 
bullish trend line forming with support at $4,550 on the hourly chart of 
ETH/USD. On the upside, the price could face resistance near the $4,720 level. 
The next key resistance is near the $4,750 level. The first major resistance 
is near the $4,780 level. A clear move above the $4,780 resistance might send 
the price toward the $4,840 resistance. An upside break above the $4,840 
region might call for more gains in the coming sessions. In the stated case, 
Ether could rise toward the $4,880 resistance zone or even $4,920 in the near 
term. Pullback In ETH? If Ethereum fails to clear the $4,750 resistance, it 
could start a fresh decline. Initial support on the downside is near the 
$4,615 level and the 50% Fib retracement level of the recent upward move from 
the $4,472 swing low to the $4,759 high. The first major support sits near the 
$4,550 zone and the trend line. A clear move below the $4,550 support might 
push the price toward the $4,500 support. Any more losses might send the price 
toward the $4,420 region in the near term. The next key support sits at 
$4,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining 
momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above 
the 50 zone. Major Support Level – $4,550 Major Resistance Level – $4,750

Ethereum Price Gathers Steam – Will The Ongoing Rally Power A $5K Breakout?

Ethereum has finally broken free from a multi-year-long consolidation phase, 
reigniting bullish sentiment across the crypto market. After spending over 
three years struggling to hold above the $4,000 level, ETH has now confirmed a 
decisive breakout, a move seen as the start of its next major rally. With 
momentum building and technical indicators aligning, analysts suggest that a 
run toward the $7,000 region could be closer than ever Ethereum Breaks Free 
After 1,146 Days Of Consolidation Mags, a popular crypto analyst on X, 
recently shared a bullish update, noting that ETH could be on track to reach 
the $7,331 mark. According to the analyst, this target aligns with the broader 
bullish trend that has been forming since Ethereum’s breakout above key 
resistance levels. Related Reading: Global M2 Money Supply Says Ethereum Price 
Will Reach $20,000, Here’s When After more than 1,146 days of consolidation 
from its bottom, Ethereum finally broke above the crucial $4,000 level, 
marking a significant technical milestone. During this cycle, ETH had made 
three prior attempts to break past this resistance, each ending in rejection. 
However, the fourth attempt in August succeeded, confirming the breakout and 
signaling the start of a new bullish phase. Following the breakout, ETH has 
been consolidating above the $4,000 zone, building momentum for what could be 
the next leg upward. The stability around this level indicates that buyers are 
actively defending support, keeping the broader structure intact and setting 
the stage for a potential continuation toward higher targets. Mags also 
pointed out that Ethereum experienced a brief fakeout, where the price dipped 
below $4,000 to reach $3,800 before staging a sharp V-shaped recovery. This 
rebound, driven by strong buying pressure, further strengthens the bullish 
outlook. With the current price action holding firm, the analyst believes 
Ethereum is primed for a move toward the 1.618 Fibonacci extension level at 
$7,331, which could define the next major wave in its ongoing rally. Ethereum 
Confirms Major Structural Retest: The “V-Bottom” Is Holding Strong Galaxy, a 
prominent crypto analyst, recently shared an update noting that the ETH chart 
has successfully retested the “V-bottom” structure along with the major 
triangle pattern that dates back to 2021. This signals that the asset may be 
entering a new growth phase after consolidating for an extended period within 
these key technical formations. Related Reading: Ethereum Ready For Round 2? 
Analyst Forecasts Early October Rally Amid $4,200 Retest While Galaxy 
acknowledged that the road ahead won’t be smooth, with potential dips, periods 
of choppy price action, and stretches of low volatility, the overall outlook 
remains highly optimistic. The analyst believes that Ethereum is gradually 
positioning itself for a major move upward, with the current structure 
suggesting that a five-digit ETH is becoming an increasingly realistic target 
in the future. Featured image from iStock, chart from Tradingview.com

Ethereum Turns Bullish After Multi-Year Breakout — $7,000 May Be Imminent

Several banks in Russia, Belarus and Central Asia are in the EU&#8217;s firing line 
too, for enabling crypto-related transactions, according to a Bloomberg 
report.

Cryptocurrency price in IDR