Ethereum's Journey: Is $10K in Sight?

Ethereum's price has taken a hit, dropping 14% from its 2026 peak above $3, 200 and a significant 41% from its all-time high of $4, 950 in August 2025. Yet, traders are still hopeful, eyeing a potential rise to $10, 000. Several factors are fueling this optimism. Analysts using the Wyckoff method and cycle patterns suggest that Ethereum could reach between $10, 000 and $15, 000. This isn't just wishful thinking; it's backed by data. The network is buzzing with activity, hitting record daily transactions and a surge in daily active users. Plus, transaction fees have hit a nine-year low, making Ethereum more attractive to users and developers alike.But why the bullish outlook? Well, Ethereum has a history of big upswings. Analysts point out that each cycle has seen diminishing returns, but that doesn't mean the growth has stopped. It's just taking a different shape. There's also a interesting link between global liquidity and the Russell 2000 index. This pattern hints at a potential 226% breakout for Ethereum, placing its price target at $9, 500. Once Ethereum catches up to the Russell 2000, altcoin season could begin, further boosting its price. So, is $10, 000 Ethereum realistic? It's hard to say for sure, but the data and patterns suggest it's not out of the question. The network's activity and the historical trends paint a picture of a resilient and growing ecosystem. Only time will tell if Ethereum reaches these heights, but for now, the outlook is promising.