Ethereum is currently testing the $4,734 resistance level, with potential to reach $4,800–$5,000 if a breakout occurs. This price movement coincides with Samsung's integration of Ethereum staking into its 200 million Galaxy devices, a move expected to boost retail adoption significantly. In addition, BitMine's Ethereum treasury has grown to 2.83 million ETH, valued at $13.4 billion, highlighting strong institutional confidence in the cryptocurrency. On-chain data reveals a $67.7 million net outflow from exchanges on October 7, indicating accumulation by long-term holders and validators.