Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

A Weekly Close Above $0.41 Could Make History

October 7, 2025

Solana Sees Explosive Stablecoin Growth – Here’s How Much Supply Is Held In The Blockchain

October 7, 2025

S&P Global expands its reach with hybrid crypto-ecosystem index

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

ETH Traders Eye $10K as Long-Term Bull Case Builds

August 28, 2025Updated:August 28, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
ETH Traders Eye K as Long-Term Bull Case Builds
Share
Facebook Twitter LinkedIn Pinterest Email
ad


Key takeaways:

  • A bullish sample on the ETH chart predicts a rally to $10,000, with $5,000 because the important resistance degree.

  • Analysts stress that short-term volatility might precede ETH’s multi-year bullish enlargement section.

  • A rally to $5,100 might set off $5 billion in brief place liquidations.

Ether (ETH) continues to flash bullish technical alerts, with crypto analyst Jelle highlighting a “megaphone sample” on the weekly chart that targets the $10,000 mark.

The megaphone, also called a broadening formation, represents widening value swings with progressively increased highs and decrease lows. A confirmed breakout above resistance usually results in explosive rallies, however the construction also can flip bearish if momentum stalls.

ETH Traders Eye K as Long-Term Bull Case Builds
Ether’s one-week chart. Supply: Cointelegraph/TradingView

Presently, the speedy resistance stays at $5,000. Extending place above this degree would liquidate an estimated $5 billion in cumulative quick positions, probably extending the megaphone rally.

Failure to clear the $5,000 threshold might set off a pullback towards the 12-week easy shifting common (SMA, blue line) close to $3,500 or the sample’s decrease help at $3,000, which coincides with the 25-weekly SMA (orange line). Quantity affirmation is essential, as weak participation raises the danger of a false breakout.

Cryptocurrencies, Markets, Price Analysis, Market Analysis, Altcoin Watch, Ether Price, Ethereum Price
Ether alternate liquidation map. Supply: CoinGlass

Crypto dealer Merlijn emphasised the potential for a bullish breakout and identified that ETH faces a dense promote wall close to $5,100, “the sort of degree whales dream about.”

The dealer expects liquidity at this zone to behave as a magnet, torching over-leveraged shorts. “Play the hunter, not the hunted,” Merlijn famous, suggesting whales might drive value into that liquidity pocket.

Associated: Ethereum‘s greatest month ever places $7K ETH value inside attain

Analysts say ETH might keep “bullish for years”

Whereas short-term swings dominate market chatter, technical analyst Jackis argued that ETH is “insanely bullish for years to come back,” noting the asset just lately broke out of a 4.5-year institutional accumulation vary. 

In accordance with the analyst, the prior four-year cycle successfully resulted in December 2024, paving the way in which for a brand new structural enlargement interval.

Nonetheless, Jackis warns of attainable mid-term shakeouts earlier than the following leg increased. ETH has confronted a number of rejections from its all-time highs and is at the moment testing its sixth diagonal trendline resistance, ranges that traditionally have a tendency to interrupt after repeated makes an attempt.

Cryptocurrencies, Markets, Price Analysis, Market Analysis, Altcoin Watch, Ether Price, Ethereum Price
Ether six-hour evaluation by Jackis. Supply: X

A deeper retest into help, just like Bitcoin’s $25,000 correction in mid-2023, might set off fear-driven selloffs earlier than resuming the bigger uptrend. The correlation between Bitcoin and Ether also needs to be tracked.

In accordance with ecoinometrics, regardless of ETH’s latest outperformance, it stays strongly correlated to BTC. In an X publish, the market evaluation platform mentioned, 

“ETH is holding up higher than BTC in value phrases, however the correlation tells a unique story. Over the previous 5 years, ETH’s correlation with BTC has averaged above 0.8 and right this moment it’s nonetheless proper round that degree.”

Cryptocurrencies, Markets, Price Analysis, Market Analysis, Altcoin Watch, Ether Price, Ethereum Price
Bitcoin Ether correlation rating. Supply: Ecoinometrics/X

Jackis emphasizes that even within the case of near-term corrections, the excessive time-frame outlook stays intact. Sustained acceptance above the 2021 all-time highs of $4,880 would sign speedy continuation.

Associated: BlackRock Bitcoin ETF holdings overtake Coinbase, Binance; ETH could also be subsequent

This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a call.