Crypto: ’s Why Traders Say $10k Ethereum Price Is Still On The Table
Traders said Ether was preparing for a breakout to new all-time highs, with $10,000 ETH price target in sight.
Ether’s (ETH) was down 14% from its 2026 high above $3,200 and 41% below its $4,950 all-time high, reached in August 2025. Despite this drawdown, traders remain optimistic about the ETH price rising higher as long as a key support level is reclaimed.
Ether traders are bullish on a $10,000 ETH price despite a 41% drawdown from all-time highs.
Wyckoff method, cycle patterns, and liquidity correlations converge on a $10,000–$15,000 ETH price target.
Record daily transactions, increasing daily active users and nine-year low transaction fees suggest bullish onchain momentum.
Market analysts say ETH price is undergoing a technical correction to retest key support levels before continuing its uptrend.
Technical analysis using the Wyckoff method points to a potential ETH price breakout above the $10,000 mark, according to crypto analyst Annie.
Related: Bitmine’s staked Ether holdings point to $164M in annual staking revenue
“The structure is complete, just waiting for one last breakout,” the analyst said in a recent post on X, adding:
Fellow analyst Bitcoinsensus shared a similar bullish outlook for ETH, pointing out that a $10,000 ETH price could still be on the table this cycle.
Source: CoinTelegraph