Ethereum Price Forecast: Analyst Projects $10K for ETH, but 'Not as Soon as You Think’
Analysts project a long-term path for Ether to $10,000, supported by increased confidence from large wallet holders.Summary
Analysts are projecting a long-term price target of $10,000 for Ethereum (ETH), though it may take several years, potentially not until 2027–2028, according to one analyst's projection which implies a pullback before a major climb. Concurrently, on-chain data from Santiment indicates that 'whales and sharks' (wallets holding 100–10,000 ETH) have begun accumulating again, suggesting improving confidence among larger holders. Technically, ETH is currently consolidating near $3,946, facing resistance in the $3,945–$4,000 zone after failing a high-volume push above $4,000. A decisive break above $4,000 is necessary to build momentum, while failure could lead to a drop toward support around $3,870–$3,880. These long-term bullish projections rely on ETH successfully converting current high resistance levels into sustained support.
(Source：CoinDesk)