ETH Price Prediction: $10,000 Target in Sight as Technicals and Sentiment Align

#ETH

• Technical Strength: ETH trades above key MAs with bullish MACD crossover
• Institutional Support: Record staking activity and ETF speculation fuel demand
• Price Targets: $2,800 near-term, $10,000 long-term if macro conditions improve

ETH Price Prediction

ETH Technical Analysis: Bullish Signals Emerge

Ethereum (ETH) is currently trading at 2594.15 USDT, above its 20-day moving average (MA) of 2463.8750, indicating a bullish trend. The MACD (12,26,9) shows a positive momentum with the histogram at -44.0630, suggesting potential upward movement. Bollinger Bands reveal ETH is trading NEAR the upper band (2647.9963), signaling strong buying pressure. According to BTCC financial analyst Emma, 'ETH's technical setup supports further gains, with a breakout above 2648 likely to target 2800 in the near term.'

Ethereum Market Sentiment: Institutional Demand Fuels Optimism

Ethereum's price resilience above $2,580 aligns with positive news flow, including institutional accumulation and staking activity. Headlines like 'Ethereum Breaks $2.6k Amid Record Institutional Accumulation' and '$10,000 Price Target Gains Momentum' reflect growing confidence. However, BTCC's Emma cautions: 'While sentiment is bullish, retail inactivity and resistance near $2,600 could cause short-term consolidation before another leg up.'

Factors Influencing ETH’s Price

Ether Holds Firm Above $2,580 as Crypto Markets Echo Wall Street Rally

Ether (ETH) maintained its position above $2,580, trading at $2,584.90 with a 0.55% gain over 24 hours. The crypto market mirrored Wall Street's upbeat response to robust U.S. employment data, which showed 147,000 jobs added in June—exceeding expectations. The unemployment rate dipped to 4.1%, fueling a rally in U.S. equities to record highs.

Despite the strong labor market reducing hopes for imminent Federal Reserve rate cuts, risk-on sentiment prevailed. Ether's resilience highlights growing investor confidence in digital assets as a viable alternative to traditional risk assets. Technical analysis shows ETH oscillating between $2,558.89 and $2,629.88, with a brief surge to $2,625.10 on heavy volume before settling at $2,584.

Resistance NEAR $2,630 remains a key level to watch. Broader market momentum could prompt a retest, with macroeconomic conditions continuing to shape trader sentiment.

Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum

Ethereum has surged 23% since June 22, reclaiming the $2,600 level and igniting bullish sentiment. Analysts now eye $2,700 as the next critical resistance, with a breakout potentially fueling a broader altcoin rally. Ted Pillows, a prominent market observer, projects ETH could reach $10,000 this cycle, citing strengthening network fundamentals and growing institutional interest.

The rally coincides with improving macroeconomic conditions and renewed risk appetite across crypto and equities. Ethereum's performance is being closely watched as a bellwether for the altcoin market, with yesterday's 9% spike underscoring its volatile but upward trajectory.

Ethereum Progressing Within Expected Range — Key Resistance Levels Ahead

Ethereum's price action continues to align with bullish expectations, maintaining structure above critical support levels. The 1-day chart reveals a steady climb, though resistance from a tight cluster of EMAs currently caps upside momentum.

Analysts note ETH must decisively break above these moving averages to confirm short-term bullish control. The $2,600 level stands as a pivotal resistance zone, with a successful breach potentially propelling the asset toward $2,900. Weekly charts maintain a clean bullish structure, suggesting accumulation before potential breakout.

Market observers highlight the RSI's rejection at initial targets as typical consolidation rather than weakness. The setup resembles a 'spring test' — a classic bullish continuation pattern often preceding explosive moves. Traders await confirmation through sustained closes above $2,600 with accompanying RSI strength above 53.

Ethereum Breaks $2.6k Amid Record Institutional Accumulation and Staking Activity

Ethereum surged past $2,590, marking a 6.3% daily gain as institutional and retail demand converged. The rally follows a historic month of accumulation, with over 6 million ETH moved to non-exchange wallets and liquid staking reaching an all-time high of 35.56 million ETH. Long-term holders appear firmly bullish, with accumulation addresses climbing to 22.75 million.

Market dynamics show aggressive buyers dominating spot activity, with Taker Buy volume signaling conviction across trader cohorts. Open interest and liquidation pressures suggest this momentum may sustain. The alignment of on-chain accumulation and spot demand often precedes significant price movements.

Ethereum's Silent Accumulation Sparks Price Rally in July

Ethereum's network metrics quietly reached historic highs in June even as its price remained stagnant. The tide turned in early July as macroeconomic catalysts—including a US-Vietnam trade deal and expanding M2 money supply—ignited a 6% ETH price surge above $2,600.

On-chain data reveals unprecedented accumulation, with non-exchange wallets holding 22.75 million ETH by month-end, a 36% monthly increase. These addresses now sit on 21% unrealized gains at current prices. Liquid staking simultaneously broke records, adding nearly 1 million ETH in June alone.

Fake Wallet Extension Scam Puts Millions of Crypto Users at Risk

A surge of fraudulent wallet extensions has emerged, targeting users of major cryptocurrency platforms including MetaMask, Coinbase, and Trust Wallet. The scam poses significant security risks to digital asset holders, particularly those transacting in Ethereum-based tokens and other popular cryptocurrencies.

Security analysts warn that these malicious extensions mimic legitimate wallet interfaces, potentially compromising private keys and draining funds. The threat coincides with growing institutional adoption of crypto infrastructure, underscoring the need for heightened vigilance in self-custody practices.

Arthur Hayes: Bank-Issued Stablecoins to Power U.S. Debt Markets and Crypto Rally

Arthur Hayes, former CEO of BitMEX, argues that bank-issued stablecoins will become a critical tool for the U.S. Treasury to manage its escalating debt burden. With over $5 trillion in Treasury bonds needing refinancing in 2025, Secretary Janet Yellen faces the dual challenge of keeping yields below 5% while finding new liquidity sources. Hayes sees JPMorgan's JPM Coin as a watershed moment—tokenized deposits could automate compliance, reduce costs, and funnel trillions into short-duration Treasuries.

The mechanism mirrors quantitative easing with crypto characteristics. By leveraging Ethereum-based networks like Base, institutional stablecoins create a closed-loop system: banks monetize yield spreads, the Treasury secures buyers, and blockchain infrastructure gains legitimacy. This convergence of traditional finance and decentralized technology may accelerate as other "too big to fail" institutions follow JPMorgan's lead.

Ethereum Core Developer Launches Community Foundation to Drive ETH to $10,000

Ethereum core developer Zak Cole has unveiled the ethereum Community Foundation (ECF) at the eighth Ethereum Community Conference in Cannes, France. The organization aims to push Ether's price to $10,000 by refocusing the ecosystem on ETH as a monetary asset, operating independently from the Ethereum Foundation.

The ECF will fund infrastructure projects that prioritize Ethereum's mainnet as a settlement layer, requiring grant recipients to build tokenless, Immutable applications. "ETH’s price is a direct function of its security," Cole stated, emphasizing the foundation's commitment to strengthening Ethereum's monetary foundation.

First grantee Ethereum Validator Association (EVA) will spearhead initiatives to scale ETH without introducing new tokens or venture capital-backed solutions. The move signals a shift toward public goods funding and ETH-centric ecosystem growth.

EthCC 8 Concludes with Strong Momentum for Ethereum Ecosystem

EthCC 8 in Cannes wrapped up its fourth and final day, cementing Ethereum's position as a thriving and accelerating ecosystem. Despite visible fatigue among attendees, the event maintained its intensity with DEEP technical discussions and networking until the last moment.

The conference demonstrated Ethereum's unique blend of rigorous research and vibrant community energy. From sunrise strategy sessions to evening gatherings along the Croisette, participants showcased the network's growing influence across decentralized finance and blockchain innovation.

Ethereum Price Stagnates Amid Whale Accumulation and Retail Inactivity

Ethereum's price momentum remains subdued, with a mere 0.3% gain over the past week and a slight 0.2% dip in the last 24 hours. Trading at $2,436, the asset reflects broader crypto market hesitation despite structural support from institutional players and whale activity.

On-chain data reveals a stark divergence: whales are accumulating ETH through consistent staking inflows and exchange withdrawals, while retail participation languishes. CryptoQuant analyst Banker describes this as a "deadlock," with institutional entities absorbing over 200,000 ETH in recent spikes. Retail deposits, totaling just 100,000 ETH since 2023, fail to generate meaningful upward pressure.

Daily active addresses hover between 300,000-400,000—well below historical thresholds for bullish breakouts. The market appears caught between institutional accumulation and retail apathy, creating a stalemate that suppresses volatility.

Ethereum Institutional Investment Surges—But Price Stalls Below $2,500

Institutional interest in Ethereum is gaining momentum as Bit Digital allocates $162.9 million to expand its treasury holdings. The investment underscores growing confidence in ETH's long-term value proposition among corporate entities.

Despite the capital inflow, Ethereum's price remains range-bound below the $2,500 psychological level. This divergence between institutional accumulation and price action suggests a potential supply squeeze may be building.

How High Will ETH Price Go?

Based on current technicals and market sentiment, ETH could rally toward $2,800 in the coming weeks, with a potential long-term target of $10,000 if institutional demand persists. Key levels to watch:

Emma notes: 'ETH's MACD divergence and whale accumulation suggest this rally has staying power, but traders should monitor the 20-day MA at $2,463 as a key support.'