ETH on Fire: BlackRock & Hayes Signal Bullish Future – $10K Price Target in Sight

Ethereum is heating up, and the signals couldn’t be clearer. With BlackRock deepening its exposure and crypto veteran Arthur Hayes projecting a $10,000 price target, ETH is regaining its bullish momentum. As market confidence builds and technical indicators align, Ethereum’s trajectory could be setting the stage for a breakout rally—one that reshapes the altcoin landscape. Ethereum Eyes Next Resistance as Prices Hover Close to the $2700 Mark Source: tradingview Ethereum’s price is on the rise, currently moving between $2420 and $2679. Recently, it saw an increase of over eight percent in the last week. The coin is edging near the key resistance point at $2787.80. If it breaks through, Ethereum might aim for the next resistance around $3047, potentially growing by about 14% from its lower range. Recent trends show a mixed six-month performance, dipping near fifteen percent over that period, but momentum now suggests a promising upswing. As the relative strength index signals room to grow, Ethereum investors remain watchful of the next moves in its price journey. Conclusion Ethereum’s current price action, fueled by institutional moves and heavyweight endorsements, points to a growing wave of optimism. If ETH breaks through key resistance levels, the $10K vision could start transforming from speculation into strategy. As this bullish narrative gains traction, Ethereum remains one of the most closely watched assets in the crypto market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Bitzo