🚀 Ethereum’s Past May Predict a $10,000 Future — Is History About to Repeat?
Ethereum market tipping altcoin to $10,000. Pillows' strong projection follows ETH's 1.21% weekly rise in reaction to Bitcoin's comeback. After falling 9.3% in a month, the cryptocurrency is correcting.
In 2017, ETH market showed multi-cycle climbing channel. Pillows demonstrates on the two-week trade chart that Ethereum retests the bottom threshold of this channel every cycle, causing spectacular market gains.
In 2017, a retest to this lower range caused a 300x spike, and in 2020, a 50x run. ETH looks to have reached the similar technical level in 2025, suggesting another parabolic surge.
Pillows expects a moderate 6x rise on this next retest, driven by Ethereum's $292.25 billion market size and growing institutional investor involvement, which indicate a mature asset. These predictions might push ETH beyond $10,000.
ETH bulls confront a key price hurdle at $2,600, where the cryptocurrency has been rejected twice in a month. A retest of $2,800 resistance requires clearing this barrier. A break over that level might lead to the cycle high above $4,000.
Ethereum network fees rose 130% to $10.26 million over the previous week. Exchange withdrawals of $293 million for the cryptocurrency showed market confidence as investors moved their assets to private wallets.
Ethereum is now trading at $2,421, up 0.01% in 24 hours. Daily cryptocurrency trade volume is down 16.135 to $15.23 billion.
