Experts Sees Ethereum Surging to $10,000 as Price Breaks $4,000 Barrier

Analysts are predicting a major rally for Ethereum (ETH), with some expecting the price to reach $10,000 in this market cycle. This optimism comes as the second-largest cryptocurrency breaks above $4,000 for the first time since December 2024. The rise follows months of slow trading. It is supported by strong institutional demand, policy changes, and large inflows into spot Exchange Traded Funds (ETFs). Investors believe these factors could drive Ethereum to new record highs. Large Liquidations Are Pushing ETH Prices Higher When Ethereum moved past the $4,000 price mark, around $105 million worth of short positions were closed. This was more than half of all short positions in the cryptocurrency market that day. In the past 24 hours, Ethereum liquidations have reached over $200 million. This wave of forced buying helped push the coin’s prices up quickly. In a recent X post, investor Ted Pillows described the current setup for Ethereum as the most bullish he has ever seen. He pointed to strong inflows into spot ETFs, which shows investor confidence after months of slow trading. Pillows also noted signs of renewed interest, as both companies and institutions are quietly adding Ethereum to their reserves. Institutions and Governments Increasing Ethereum Holdings Not only institutions but also governments are reportedly increasing their crypto reserves. This shows growing acceptance of Ethereum as a valuable asset. Ted Pillows believes the coin’s price could reach $10,000 in this market cycle. He also said that a major policy change could push prices even higher. Notably, one policy shift has already taken place. President Donald Trump recently signed an executive order allowing 401(k) retirement plans to invest in alternative assets. This includes cryptocurrencies, private equity, and real estate. This could open the door to large amounts of new investment. As one of the most trusted blockchain platforms, Ethereum is likely to benefit. Analysts Expect Bigger Gains Ahead Several analysts believe Ethereum will rise much further. Mikybull Crypto expects a large breakout that could multiply the price 10 to 50 times. Miles Deutscher believes Ethereum’s rally could start a short altcoin season, then lead to a Bitcoin (BTC) rise to $120,000–$140,000. He predicted this would be followed by another strong phase for Ethereum and other coins. Although Ethereum’s strong performance has led some to believe that the altcoin season has begun. However, analyst Benjamin Cowen believes this is mainly Ethereum’s time to lead. He says that other altcoins will have their moment later. Additionally, ETH is also performing better than the flagship crypto. Bitcoin’s market dominance is now at 59%. This often means investors are moving some of their funds from Bitcoin into other cryptocurrencies. In the past, this has led to strong rallies in alternative coins. The post Experts Sees Ethereum Surging to $10,000 as Price Breaks $4,000 Barrier appeared first on TheCoinrise.com .

Source: The Coin Rise