Ethereum is receiving a new confidence boost from a prominent voice in the crypto space, Arthur Hayes, who has predicted that ETH could reach $10,000. This statement has sparked considerable interest among traders and investors.
Arthur Hayes' Prediction
Arthur Hayes, former CEO of BitMEX, posted on social media his prediction that Ethereum could reach $10,000. He shared a chart of Ethereum that indicates strengthening signs. This is not just another meme but a serious statement that has generated reactions within the crypto community.
Current Situation in the ETH Market
Currently, the price of Ethereum stands at $2,783. Charts reveal that the ETH/BTC pair is beginning to recover and may reach the 0.055 BTC mark, which is more than double its current level. Thus, the market is showing early signs of strength.
Market Sentiment and Traders' Expectations
Despite prevailing macroeconomic concerns, such as liquidity pressures from government bonds, Hayes asserts that the market is not in panic. He mentions that 'the game' continues, and price declines could be overcome. This situation is capturing traders' attention, and if ETH gains momentum, reaching five-figure prices seems more likely.
In recent weeks, Ethereum is once again drawing attention from influential figures, and with each new prediction, interest in the cryptocurrency is increasing. Many traders hope that the price of ETH may rise again to five-digit values.
