Ethereum ($ETH
continues its strong ascent, closing the week near $3,657, marking a 21.8% gain in the last 7 days and 45.48% over the past month. With bullish sentiment across the broader altcoin market, ETH may be setting up for a historic move—a potential run to $10,000.
🔍 Elliott Wave Signals Final Leg of Bull Cycle
Dutch analyst Gert Van Lagen has shared an Elliott Wave analysis suggesting ETH is now in Wave V of a classic five-wave structure that began in 2022. According to his bi-weekly chart:
• Wave I: Initial rally
• Wave II: Deep correction (2022–2023)
• Wave III: Acceleration phase
• Wave IV: Long consolidation
• Wave V: Current phase – expanding diagonal in progress
Van Lagen notes $ETH is currently completing subwave “a” of Wave V, having just broken through the upper resistance of the Wave 3–4 channel. A short-term pullback (subwave “b”) is expected before a potential parabolic subwave “c”, which could push ETH toward $10,000.
📊 Market Snapshot
• Price: $3,657
• 24h Change: +1.79%
• 7D Change: +21.8%
• Market Cap: $441.14B
• Market Share: 11.1%
• Daily Volume: Down 46.03% – signals cooling momentum
🧠 Key Takeaways
• Wave theory aligns with long-term bull cycle
• $10K target remains valid if subwave “c” takes form
• Short-term dip likely before breakout continuation
• Declining volume may signal caution or consolidation ahead
📌 Bottom Line:
Ethereum is potentially entering its final and most explosive phase of the current bull market cycle. If the Elliott Wave pattern plays out, a $10,000 ETH is more than just hopium—it’s structurally supported. However, smart positioning and risk management are crucial as momentum cools short-term.
#Ethereum #GENIUSAct #CryptoMarket4T #AltcoinBreakout #BinanceHODLerERA 