🔥 ETH: bulls have woken up, but there’s still a long way to $10k
Ethereum is trading around $2.7k. This is 45% below the ATH ($4.9k), which means there’s huge room for growth 👀
📈 What’s pleasing to the bulls:
— The CryptoQuant analysts’ consensus index is in the Buy zone, sometimes Strong Buy
— Raoul Pal and Rekt Capital are in the bullish camp
— Tom Lee: $6k if BTC reaches $150k
— Arthur Hayes: “the best risk/return in crypto,” with potential for x3–5
— Record inflows into ETH ETFs
🧱 What keeps the price in check:
— Resistance around $2.8k has not been broken yet
— Some traders on X are drawing bearish patterns
— Historically, September is a weak month for ETH
🎯 Bottom line: analysts are bullish, the chart is cautious. The road to $10k is long, but ETH is no longer at the bottom.
⚠️ Not financial advice, DYOR.
$ETH
#Ethereum
$BTC
#bitcoin
Ethereum is trading around $2.7k. This is 45% below the ATH ($4.9k), which means there’s huge room for growth 👀
📈 What’s pleasing to the bulls:
— The CryptoQuant analysts’ consensus index is in the Buy zone, sometimes Strong Buy
— Raoul Pal and Rekt Capital are in the bullish camp
— Tom Lee: $6k if BTC reaches $150k
— Arthur Hayes: “the best risk/return in crypto,” with potential for x3–5
— Record inflows into ETH ETFs
🧱 What keeps the price in check:
— Resistance around $2.8k has not been broken yet
— Some traders on X are drawing bearish patterns
— Historically, September is a weak month for ETH
🎯 Bottom line: analysts are bullish, the chart is cautious. The road to $10k is long, but ETH is no longer at the bottom.
⚠️ Not financial advice, DYOR.
$ETH
#Ethereum
$BTC
#bitcoin
