Ethereum Pectra Upgrade Ignites Rally—$10K Target in Sight as Bulls Charge

Ethereum’s price rockets post-Pectra upgrade, leaving traders scrambling to adjust their targets. The network’s latest overhaul—packed with scalability fixes and fee optimizations—has crypto maximalists dusting off their ’ETH to $10K’ memes.

Why the frenzy? Pectra slashes layer-2 bottlenecks while boosting validator efficiency, a one-two punch that’s got even Bitcoin maximalists side-eyeing their cold wallets. Transaction speeds now rival Visa’s—assuming you ignore those occasional $50 gas fee spikes.

Market watchers note eerie parallels to 2021’s London hard fork surge. Back then, ETH quadrupled within months. This time? The smart money’s betting the upgrade’s actual utility—not just hype—could sustain the momentum. (Though let’s be real: since when has crypto needed utility to moon?)

All eyes now on whether ETH can shatter its ATH before Wall Street bankers ’discover’ blockchain again and start pitching ETH ETFs to retirees.

Ethereum Price Prediction: Hourly Chart Shows Huge Spike After Pectra

ETH ROSE rapidly right after Pectra was successfully deployed. The hourly price chart shows a strong bullish breakout above the $1,850 resistance with 2X trading volumes.

This favors a bullish short-term outlook for the token. The price has already reached overbought levels in the Relative Strength Index (RSI) but that does not necessarily mean that the uptrend will reverse. It actually points to rapidly growing positive momentum.

The 21-hour EMA has crossed above the 200-day EMA with strong volumes as well and has managed to stay above the latter since the breakout occurred.

At this point, late buyers should look for attractive entries rather than trying to defy the trend as ETH investors could be quite enthusiastic throughout the session and that should keep the token’s demand at a high level.

How high the Ethereum price can go from here would depend on multiple factors.

For now, the most critical area of resistance to watch WOULD be the $2,000 level as this is a psychological level. If the price rises above this marker, it would confirm a bullish outlook for ETH that could result in a push toward the $3,000 area next.

Reaching $10,000 may take some time but Pectra does set in motion some necessary changes that will help the Ethereum network maintain its lead in the smart contracts space.

Likewise, Bitcoin’s outlook has strengthened in recent days as it surpasses the $100,000 mark yet again – a MOVE that could lift related presales positioned to benefit from BTC’s momentum.

BTC Bull Token (BTCBULL) Gives Investors the Chance to Earn Passive Income as Bitcoin Keeps Rising

BTC Bull Token (BTCBULL) is a meme coin with an attractive rewards mechanism tied to the performance of the top crypto.

Investors are quickly rallying behind BTCBULL, with the project raising an impressive $5.4 million in a short span – a clear sign of surging interest in its unique value proposition.

BTCBULL rewards its holders every time Bitcoin climbs by $25,000, starting from a baseline price of $100,000.

At $125K, a portion of BTCBULL’s supply will be burned to create scarcity and drive up demand.

The next milestone at $150K unlocks an even bigger reward – a direct bitcoin airdrop for all investors holding the token.

As BTC rises to $100,000, the odds that the first milestone will soon be hit have increased.

To buy $BTCBULL and be one of the first to benefit from the project’s upcoming token burn, visit the BTC Bull Token website and connect your wallet (e.g. Best Wallet).

You can either swap ETH or USDT for this token or use a bank card to make your investment.