According to BlockBeats, on September 22, Mike Alfred, founder of the crypto wealth management company Eaglebrook Advisors, shared his insights on X regarding the potential rise of Ethereum. Alfred stated that while Bitcoin maximalists might dismiss the notion, Ethereum could see its price increase from $2,500 to $10,000 in this cycle.

Alfred explained that this prediction aligns with the nature of liquidity cycles. He emphasized that regardless of attempts to counter, argue, or complain about it, the upward trend is inevitable. 'Everything is going up,' he remarked, highlighting the broader market movements.