Ethereum's Surge Beyond $4K Ignites Aspirations of $10K
Ethereum's recent price increase following a breakthrough above $4,000 has analysts optimistic, setting sights on future targets reaching $10,000.
Ethereum (ETH) has surged to approximately $4,300 after breaking through the crucial $4,000 resistance level. This movement has attracted significant attention from analysts, who are now projecting potential targets of $6,500, $8,000, and even $10,000 in the long run.
As of now, ETH has seen a 4% rise since yesterday, with a trading volume surpassing $34 billion.
Long-Term Projections
Analyst Merlijn The Trader described Ethereum’s pricing strategy as a “ladder” where each breakout creates a new foundation for future rallies. He identified three critical steps: the peak at $1,440 in 2018, the highs of $4,400–$4,800 in 2021, and the recent breakthrough beyond $4,000 in 2025.
“Ignore the fear. Five-digit Ethereum is inevitable, marking $4,000 as a likely support level.”
Source: Merlijn The Trader/X
Strategies and Market Sentiment
IncomeSharks put forth a trading strategy involving staggered profit-taking, where a 10% sale is executed at varying resistance points. They indicated that recent market behavior indicates it was likely a “fakeout”, as ETH retraces from above $4,600 and establishes support at $4,000.
"$ETH – Selling another 10% to ensure we see $5k in Pumptober." — IncomeSharks
The strategy seeks to secure profits while maintaining exposure to potential upside. October, often referred to as “Pumptober”, may present opportunities for ETH to rally toward $5,000 if support is sustained.
Market Conditions
Analyst CryptoJack has shown that ETH is gaining ground above the $3,800–$4,000 range, previously functioning as resistance but now offering support. He pointed to ETH’s earlier breakout from a descending broadening wedge, with the recent pullback appearing typical for consolidation.
"#ETH still looks bullish 💥. Despite negative funding rates and high fear, the market is poised to reveal its true strength soon." — CryptoJack
Recent trends reflect a shift, with ETH now being held by 4% of institutional treasuries, surpassing Bitcoin’s 3%, a signal that ETH is gaining traction as a preferred asset within institutional circles.
“It appears that ETH has emerged as the new choice for institutions.”
Given its technical robustness above $4,000, market analysts are eagerly observing the potential for Ethereum to ascend through its upcoming targets.
