🚀 Ethereum’s $10K Moon Shot: Analysts Say the Rally Is Just Getting Started

Ethereum isn't just climbing—it's rewriting the playbook. With analysts now eyeing a $10,000 price target, the smart contract giant is leaving 'crypto winter' in the rearview mirror.

The fuel behind the fire:

Institutional inflows are surging, DeFi TVL is snapping back like a rubber band, and the SEC's latest 'regulation-by-lawsuit' tantrum failed to dent ETH's armor. Meanwhile, Wall Street still can't decide if crypto is a scam or the future—so they're quietly buying both sides.

What the charts won't tell you:

This rally isn't just about numbers. It's about Ethereum eating traditional finance's lunch—one unbanked user at a time. The merge? Old news. Layer 2 scaling? Solved. The only thing outdated now are the naysayers' PowerPoint slides from 2021.

So buckle up. Whether this hits $10K in weeks or months, one thing's clear: the smart money stopped waiting for 'the dip' months ago. (And the dumb money? They're still waiting for CNBC to tell them it's 'safe' to buy.)

• X Crypto analysts believe Ethereum has completed its key technical patterns and is signaling a possible breakout to $10,000.
• Growing investor interest, Ethereum’s role in DeFi, and early signs of a new altcoin season have contributed to the positive market sentiment and expectations of a strong upward move.

Ethereum has once again stood in the spotlight as bullish momentum grows across the crypto market. Many analysts are becoming more confident in the upward movement of Ethereum’s price in the next altcoin season, with price projections reaching as high as $10,000. 

This Optimism and belief is fueled by the rising investor interest, technical indicators on the chart, and, more importantly, Ethereum’s central role in decentralized finance (DeFi) and Web3 ecosystems. As market sentiment continues to grow, Ethereum could be on the verge of a major breakout that could define the next phase of its price.

Analysts’ Predictions Signal a Bullish Rise for Ethereum

On the 26th of June, a crypto analyst, Mikkybull, shared a post on X stating that ethereum has completed a stage known as the “Wyckoff reaccumulation” test. According to the chart he shared, the pattern often shows up before a strong upward move. In simple terms, he tried to explain that ETH has tested a key level, and since that test is done, a big rally is close. His chart highlighted a possible breakout near the $3,200 level, which he expects to happen soon.

Another analyst, XForceGlobal, also shared his bullish view, saying that ETH’s recent price push to $2,800 is clearly a positive sign, supported by real-time data. He used the Elliott Wave theory to show the token’s potential rise to $9,400, saying Ethereum is still on track to reach new records this cycle. He added that his final target is around $9,000 to $10,000.

Several other experts have agreed with this view, as they believe that ETH can go even higher based on what has happened in earlier cycles and the current growing interest from big players. 

Other analysts are very expectant of a new altcoin season they believe is starting soon. This is a phase where smaller coins often see strong growth. The Altcoin Season Index, which tracks this trend, has started showing early signs of movement. Joao Wedson, founder of Alphractal, confirmed this on X, saying that the index is giving signals and it’s time to get ready.