Ethereum (ETH) to $10K? Analyst Reveals When the Next Big Surge Might Happen!
Ethereum could reach $10,000 in the next few months according to Ted.
In a recent post on X he makes the case for ETH and says the second largest cryptocurrency is forming higher lows on a longer timeframe.
He says $4,000 is the key resistance level and if it’s reclaimed it will be a sharp move to new all time highs (ATH). Once above that he expects the price to go $9,000 to $10,000 in 3-4 months.
More fuel for this fire is World Liberty Financial, a DeFi initiative linked to Donald Trump. According to recent reports they have bought $71.5 million worth of ETH since Trump’s inauguration. Institutional accumulation will only add to the ETH price momentum and push it towards the highly anticipated $10,000.
Short-Term Ethereum Price Movements
In a follow up post Ted said ETH has entered a short term expansion and is strong bullish. He expects ETH to break $4,000 in the next few days and then $4,500 in February. A new ATH by March if the big boys, including Trump linked entities, keep buying ETH.
Key near-term price expectations:
$4,000 breakout: Critical resistance level to watch
$4,500 target in February: Next bullish milestone
New all-time high in March: If demand remains strong
Despite this optimism, some analysts warn of potential downside risks.
Could ETH Still Drop to $2,100?
Not everyone is as optimistic. Crypto strategist Ali Martinez says that Ethereum’s market value to realized value (MVRV) has dropped below the 160 day moving average again, which is a correction signal.
Martinez notes that the last time this happened—June 23, 2024—ETH dropped 40% from $3,500 to $2,100. According to historical patterns, ETH could correct before continuing the uptrend.
And Egrag Crypto also says XRP will pass ETH in market cap this cycle. He claims that the capital flows in the crypto market are shifting and liquidity is flowing from Bitcoin directly into XRP and not into ETH.
Ethereum’s next move will be determined if the bullish momentum holds or if the historical corrections play out. Traders and investors will be watching $4,000 as the make or break point in this cycle.