Ethereum continues to strengthen its position in the market, surpassing the $3000 mark. The golden cross formed on the chart has signaled further growth, and analysts suggest that in the coming cycles, it could reach an impressive $10,000.


Bullish scenario: forecasts and facts

The current price structure of Ethereum mirrors previous market cycles. Historically, such 'accumulation-breakout' patterns have led to significant growth. Ethereum is currently trading at $3400, approaching key resistances at $5000 and $6000, followed by a possible move to $10,000.

Key zones:


$2400-2500 is the accumulation zone confirmed by the market.

$5000-6000 are intermediate checkpoints.

$10,000 is the long-term target.

Technical indicators: support for growth
A strong bullish momentum is observed on the daily chart of Ethereum. The golden cross, where the 13-day moving average crosses the 49-day moving average, confirms a sustained growth trend. Additionally, the Chaikin Money Flow (CMF) at 0.20 indicates high interest from investors.


Ethereum is currently trading at $3414 with a daily gain of 2.25%. If the momentum continues, the token may test the $3500-3600 zone in the coming days.


Institutional interest: increase in capital inflow

The growing popularity of Ethereum ETFs indicates an increase in institutional interest. Over the past two weeks, inflows into such funds have increased by $515 million, marking a record level since their launch in the USA.

Despite some outflows from the Grayscale Ethereum Trust (around $178 million), the overall capital inflow into Ethereum has increased to $9.15 billion, confirming high interest from major players.

Forecasts and challenges

Although many analysts remain optimistic, the path to the $10,000 mark is not without obstacles. Market volatility, as well as potential declines in institutional interest, may slow growth. However, the long-term technical structure and increasing interest in cryptocurrency indicate the possibility of reaching a new all-time high.

Conclusion

It shows signs of sustainable bullish dynamics, and the target mark of $10,000 looks achievable. Strong fundamental and technical indicators, supported by institutional capital, make it one of the most promising assets in the cryptocurrency sector. If the current dynamics persist, Ethereum may enter a new era of growth, overcoming key resistances.


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