Ethereum Price To $10,000? Analysts Say Not This Cycle
Top analysts from a leading mining firm now project Ethereum's price may not reach $10,000 until 2030, contrary to earlier bullish expectations. Bitwise CIO Matt Hougan views the current slow recovery phase as a potential entry point for investors, citing Ethereum's core advantage in the stablecoin ecosystem where USDT and USDC dominate. A crypto analyst predicts a sharp re-rating could push ETH to $8,000-$10,000 by early 2026, driven by institutional adoption and potential staking approvals. Technical analysis shows ETH dominance hovering near a key 12-13% support level, with a hold potentially triggering renewed market share gains.