Why Market Analysts Believe Ethereum Could Still Reach $10,000
Market analysts believe Ether is positioning for a surge to unprecedented price levels, with projections targeting $10,000 ETH.
The price of Ether (ETH) has experienced a 14% decline from its 2026 peak that exceeded $3,200, and sits 41% beneath its all-time high of $4,950, which was achieved in August 2025. However, despite this significant correction, market participants continue to maintain a positive outlook regarding ETH's potential for upward movement, provided that a crucial support threshold is successfully reclaimed.
Key takeaways:
- Ether traders are bullish on a $10,000 ETH price despite a 41% drawdown from all-time highs.
- Wyckoff method, cycle patterns, and liquidity correlations converge on a $10,000–$15,000 ETH price target.
- Record daily transactions, increasing daily active users and nine-year low transaction fees suggest bullish onchain momentum.
Market participants maintain $10,000-$15,000 ETH price targets
According to market observers, the ETH price is experiencing a technical pullback designed to verify critical support zones before resuming its bullish trajectory.
A technical examination employing the Wyckoff methodology indicates a possible ETH price rally beyond the $10,000 threshold, as highlighted by cryptocurrency analyst Annie.
"The structure is complete, just waiting for one last breakout," the analyst said in a recent post on X, adding:
"Once the market kicks off, it'll shoot straight up. $ETH target price is $10,000."
Another market analyst, Bitcoinsensus, expressed a comparable optimistic perspective on ETH, emphasizing that a $10,000 ETH valuation remains achievable during this market cycle.
"Looking at previous price performance, we can see that Ethereum has gone through massive upswings," the analyst said in a Jan. 1 post on X.
The chart that accompanied the analysis demonstrated that the ETH/USD trading pair has "experienced diminishing returns" during each successive rally.
"If we apply the same logic, we could see $ETH reach somewhere between $10K and $15K."
In the meantime, Crypto Caesar continues to hold an optimistic view that Ether will achieve the $10,000 milestone "sooner or later" following a decisive breach of the $4,500-$5,000 monthly resistance zone.
"It's just a matter of time. Onchain season will come back."
According to previous Cointelegraph coverage, a repeating correlation between global liquidity metrics and the Russell 2000 index suggests the possibility of a 226% ETH price surge. This magnitude of movement from current price levels would position Ether's target price around $9,500.
"ETH is behind the Russell-2000 for the first time in years," said Coinvo Trading in a Monday X post, adding:
"Once ETH catches up, altcoin season begins."
Network fees on Ethereum drop to 9-year lows
Several onchain indicators provide evidence supporting Ether's potential upward movement, encompassing elevated network activity levels and robust price support from below.
The Ethereum network has also experienced a surge of new participants, with daily transaction volume reaching an all-time peak of 2.78 million on Jan. 15.
This development has resulted in the daily transaction volume climbing approximately 20% throughout the previous month. Simultaneously, the count of daily active addresses has increased by 50% during the identical timeframe, demonstrating significant onchain interest.
At the same time, daily transaction costs have experienced a substantial decrease throughout the past 30 days, reaching eight-year minimum levels under 150 ETH ($435,000) on Tuesday, based on information from Glassnode.
Reduced transaction costs represent a long-term positive driver for price appreciation as they improve Ethereum's practical functionality and competitive positioning relative to competing layer-1 blockchain networks, while simultaneously drawing additional users to the platform.
"Ethereum tx fees are at all-time lows right now, but smart contract deployments just hit a record high," Cypher said in a recent X analysis.
This particular combination typically indicates that developers are actively launching products while builders continue their work, Cypher elaborated, adding:
"Quietly one of the most bullish backdrops for $ETH right now."