Ethereum (ETH) Price Prediction: Ethereum Eyes $10,000 as Arthur Hayes Endorses Rally and BlackRock Strengthens Position
The post Ethereum (ETH) Price Prediction: Ethereum Eyes $10,000 as Arthur Hayes Endorses Rally and BlackRock Strengthens Position appeared on BitcoinEthereumNews.com. Ethereum price today is hovering near the $3,800 mark as bullish momentum continues to gain strength across the crypto market. Backed by BlackRock’s $440M investment and Arthur Hayes’ $10,000 forecast, Ethereum is gaining traction among institutional investors. With ETF inflows rising and Layer 2 growth accelerating, analysts believe ETH could lead the next crypto market rally. Ethereum Price Today: Rally Stalls Near Key Resistance Ethereum is currently trading near $3,750, having gained over 78% since the June low. However, it now faces strong resistance around $3,800, with intraday volatility hinting at a potential short-term pullback. Ethereum is nearing key resistance with signs of a short-term pullback, but strong ETF inflows are keeping the uptrend alive. Source: aryoTraderX on TradingView According to TradingView data, the Relative Strength Index (RSI) has surged to 82.66, indicating overbought conditions. Still, ETH remains well above all key exponential moving averages (EMAs), including the 20-day EMA at $3,191, underscoring its bullish posture. Despite a minor 0.52% dip in the latest session due to profit-taking and whale-driven liquidations, daily ETF inflows exceeding $500 million have helped sustain Ethereum’s uptrend. Arthur Hayes Predicts Ethereum to Hit $10,000 Arthur Hayes, co-founder of BitMEX and a prominent macroeconomic analyst, believes Ethereum could rise to $10,000 during the current cycle. His prediction is grounded in expectations of increased credit creation by the U.S. government, driven in part by industrial and wartime spending. Hayes argues that such liquidity injections into the economy will likely benefit risk assets such as Ethereum and Bitcoin the most. Arthur Hayes predicts Ethereum could reach $10K by year-end, calling it the next big play alongside CryptoPunks as digital status symbols. Source: Crypto Club via X He has also noted that the Federal Reserve’s ongoing monetary expansion should contribute to asset price inflation, with cryptocurrencies like ETH positioned…
The post Ethereum (ETH) Price Prediction: Ethereum Eyes $10,000 as Arthur Hayes Endorses Rally and BlackRock Strengthens Position appeared on BitcoinEthereumNews.com.
Ethereum price today is hovering near the $3,800 mark as bullish momentum continues to gain strength across the crypto market. Backed by BlackRock’s $440M investment and Arthur Hayes’ $10,000 forecast, Ethereum is gaining traction among institutional investors. With ETF inflows rising and Layer 2 growth accelerating, analysts believe ETH could lead the next crypto market rally. Ethereum Price Today: Rally Stalls Near Key Resistance Ethereum is currently trading near $3,750, having gained over 78% since the June low. However, it now faces strong resistance around $3,800, with intraday volatility hinting at a potential short-term pullback. Ethereum is nearing key resistance with signs of a short-term pullback, but strong ETF inflows are keeping the uptrend alive. Source: aryoTraderX on TradingView According to TradingView data, the Relative Strength Index (RSI) has surged to 82.66, indicating overbought conditions. Still, ETH remains well above all key exponential moving averages (EMAs), including the 20-day EMA at $3,191, underscoring its bullish posture. Despite a minor 0.52% dip in the latest session due to profit-taking and whale-driven liquidations, daily ETF inflows exceeding $500 million have helped sustain Ethereum’s uptrend. Arthur Hayes Predicts Ethereum to Hit $10,000 Arthur Hayes, co-founder of BitMEX and a prominent macroeconomic analyst, believes Ethereum could rise to $10,000 during the current cycle. His prediction is grounded in expectations of increased credit creation by the U.S. government, driven in part by industrial and wartime spending. Hayes argues that such liquidity injections into the economy will likely benefit risk assets such as Ethereum and Bitcoin the most. Arthur Hayes predicts Ethereum could reach $10K by year-end, calling it the next big play alongside CryptoPunks as digital status symbols. Source: Crypto Club via X He has also noted that the Federal Reserve’s ongoing monetary expansion should contribute to asset price inflation, with cryptocurrencies like ETH positioned…
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