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Analysts Predict Massive Ethereum Bull Run, Targeting $10K–$16K
In a stunning turn of events, analysts have predicted a massive Ethereum bull run, targeting astronomical price targets as high as $10,000 to $16,000. This incredible prediction comes as the market continues to see unprecedented inflows into Ethereum spot ETFs, institutional buying, and policy support.
According to Ted Pillows, an esteemed investor, the setup for Ethereum has never been more bullish. He points to massive spot ETF inflows pushing demand in the market, corporate treasuries quietly stacking positions, institutions loading up with long-term confidence in future gains, and even governments quietly increasing their crypto reserves. With these factors aligning, Pillows boldly predicts that $10,000 is a possibility for Ethereum this cycle.
The recent executive order signed by President Trump, allowing 401(k) retirement plans to invest in alternative assets such as cryptocurrencies, private equity, and real estate, has the potential to unlock enormous new flows of capital into the crypto market. Given Ethereum’s established position as one of the most prominent blockchain platforms, it is expected to benefit significantly from this policy change.
Ethereum spot ETFs have been attracting an unprecedented amount of interest, with a staggering $537 million in inflows over the past four trading days and a record-breaking $460 million in a single day on August 8. With momentum building from all directions, many experts believe Ethereum’s rally is only just getting started.
In fact, analyst Mikybull Crypto predicts a breathtaking 10x-50x ETH breakout ahead, while fellow expert Miles Deutscher suggests that Ethereum’s rally could trigger a brief altcoin season followed by a surge in Bitcoin to $120K-$140K and finally a strong run in Ethereum and altcoins over the coming months.
Meanwhile, Ethereum is also gaining strength against Bitcoin, with the latter’s dominance continuing to drop. When Ethereum outperforms Bitcoin, it often signals a rotation of capital into altcoins. Historically, this has been followed by strong rallies in these assets as traders seek higher returns in assets with more upside potential than Bitcoin.
While some may argue that this indicates the start of an altcoin season, Benjamin Cowen firmly believes that this is Ethereum’s season, and altcoins will soon have their time to shine.
Source: coinpedia.org
