Ethereum

bullish

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Market analysts are predicting a $10K price target for Ethereum (ETH) due to increasing demand and strong ETF flows.</li>
 <li>Options traders on Deribit predict an 18% chance of ETH hitting $10K by September 2025.</li>
</ul>
<p>Analysts have reiterated their prediction of a $10K price target for <a href="https://coineagle.com/price/ethereum/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a>.</p>
<p>The latest predictions are based on the recent bullish pattern of XRP, which mirrors ETH’s 3-year price action.</p>
<h2 id="eth-and-xrp-s-similar-bullish-pattern">ETH and XRP’s Similar Bullish Pattern</h2>
<p>Crypto analyst Wolf has noted that both ETH and XRP have been consolidating within a 3-year compression triangle.</p>
<p>Following XRP’s 3x breakout, ETH could potentially reach a $12K target.</p>
<h2 id="record-eth-etf-flows">Record ETH ETF Flows</h2>
<p>One of the strongest supporting factors for this prediction is the record inflow of U.S. spot ETH ETFs.</p>
<p>On November 29th, ETH ETFs surpassed BTC ETFs for the first time, netting $332.9M in inflows compared to BTC’s $320M.</p>
<p>SpotOnChain reported that ETH ETFs saw higher positive inflows than BTC ETFs over the past week, which further supports the prediction of ETH’s outperformance.</p>
<p>The strong demand for ETH is a positive sign, but it remains to be seen whether it will be enough to push the altcoin to all-time highs.</p>
<p>In early November, Polymarket predicted an 8% chance of ETH hitting a new all-time high by 2024.</p>
<p>However, following the US Presidential elections, the odds increased to 25% by the end of November.</p>
<p>Options traders on Deribit are also betting on ETH, pricing an 18% chance of the altcoin hitting $10K by September 2025.</p>
<p>For December, options traders are wagering $289 million on ETH reaching $4K, with a max pain at $2.8K.</p>
<p>After a 46% rally in November, ETH is on the brink of breaking the 2024 downtrend line.</p>
<p>This potential shift in market structure could set ETH on a path to reach $4K and $4.5K in the short term.</p>

Will Ethereum Follow XRP’s Breakout Trajectory to Hit $10K?

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CoinEagle.com

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