Ethereum Analyst Sets $10,000 Target: Fundamentals Point Up
Ethereum bulls reached $2,490 before seeing resistance, putting the price safely over $2,000. Ethereum is regaining ground after months of selling pressure and negative sentiment.
Top analyst Ted Pillows is upbeat, saying the latest bounce is only the start. Pillows expects Ethereum could reach $12,000 in 2025 because to solid fundamentals, institutional interest, and network efficiency. Ethereum's leadership in DeFi, real-world asset tokenization, and stablecoin infrastructure will drive long-term adoption, he says.
Market players are looking for follow-through as ETH holds over $2,000 and tests support at $2,300.
Ethereum is stabilizing below $2,400 following a spectacular breakthrough that saw it gain almost 35% in two days. The price increase has boosted bullish sentiment, sending ETH into a critical demand zone where buyers defend support. Ethereum may be building a lasting trend after months of negative pressure and bearish structure. Analysts predict this breakthrough might start a larger cryptocurrency rally, since many coins remain cheap after years of fall.
Pillows says this rally is only the start. He expects Ethereum to top $10,000 in 2025. His belief derives from many factors that promote long-term price growth.
However, ETH has halted below the 200-day exponential moving average (EMA) at $2,427 and barely below the SMA at $2,699. Bulls must surpass the first major resistance zones to maintain the breakout and validate a new trend structure. Ethereum is now staying above $2,200–$2,250 resistance, converting it into support.
If ETH can consolidate above this new base and remain positive, the next objective is the $2,700–$2,900 zone, which matches the moving averages. Not holding this level might prompt a retest of $2,000 breakout zone. Bullish price movement persists, but Ethereum must defend recent gains and flip critical moving averages to complete the comeback.
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