3 reasons why Ethereum will hit $10K next bull cycle
Bullish fractals, long-term technical patterns, and favorable macroeconomic trends could boost ETH’s price to $10,000 by 2025.
Ethereum’s native token, Ether (ETH), looks poised to grow toward $10,000 in the coming months, according to a mix of bullish fundamental and fractal indicators.
The first compelling reason behind Ethereum’s $10,000 target is its resemblance to a previous price fractal between January 2023 and March 2024, according to Julien Bittel, head of macro research at Global Macro Investor.
The 2023-2024 fractal (black) saw the ETH price consolidate between $1,500 and $2,000 before breaking out to $3,500. The current price action (red line) closely follows this pattern, mirroring the earlier consolidation phase.
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Author: Yashu Gola
