๐ ๐๐ฉ๐๐๐ง๐๐ช๐ขโ๐จ ๐พ๐๐๐ง๐ฉ ๐๐๐ฃ๐ฉ๐จ ๐๐ฉ ๐ $10,000 ๐ฝ๐ง๐๐๐ ๐ค๐ช๐ฉ โ ๐๐จ ๐๐๐จ๐ฉ๐ค๐ง๐ฎ ๐๐๐ฅ๐๐๐ฉ๐๐ฃ๐ ๐๐ฉ๐จ๐๐ก๐?
Ethereum may be setting the stage for its next explosive move โ and analysts are pointing to past cycles to predict whatโs coming.
After a 1.21% weekly gain, following Bitcoinโs bounce, ETH is showing signs of a bullish reversal โ despite being down 9.3% over the past month.
๐ According to analyst Pillows, Ethereum is retesting the bottom boundary of a multi-cycle channel first observed in 2017. Back then, similar retests led to massive rallies:
๐ 2017: 300x surge
๐ 2020: 50x move
Now in 2025, the same pattern appears again โ potentially setting up for a 6x rally that could drive ETH past $10,000, supported by its $292.25B market cap and growing institutional interest.
๐ However, bulls must overcome strong resistance at $2,600, a level ETH has failed to break twice this month. A clear move above this could open the path to $2,800 and eventually to cycle highs above $4,000.
๐ On-chain activity is also heating up:
Ethereum network fees surged 130%, reaching $10.26M last week.
Investors withdrew $293M from exchanges โ a signal of growing market confidence.
At the time of writing, ETH trades at $2,421, with a 24h change of +0.01%. Daily volume has dipped by 16% to $15.23B.
Will history repeat โ and take Ethereum to $10K?