Ethereum Could See Renewed Strength as Arthur Hayes Highlights Potential $10,000 Target
The post Ethereum Could See Renewed Strength as Arthur Hayes Highlights Potential $10,000 Target appeared on BitcoinEthereumNews.com.
Ethereum (ETH) gains renewed optimism as former BitMEX CEO Arthur Hayes boldly forecasts a $10,000 price target, signaling a potential market shift. The ETH/BTC pair shows signs of reversing a prolonged downtrend, suggesting Ethereum’s strengthening position relative to Bitcoin and hinting at significant upside potential. According to COINOTAG, Hayes emphasizes that despite macroeconomic concerns, market sentiment remains resilient, underscoring a strategic opportunity for traders eyeing Ethereum’s next move. Ethereum eyes $10,000 as ETH/BTC reverses downtrend; Arthur Hayes highlights market resilience amid macro pressures, signaling renewed bullish momentum. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Arthur Hayes’ $10,000 Ethereum Prediction Sparks Market Interest Arthur Hayes, a prominent figure in the crypto trading community and former CEO of BitMEX, has reignited discussions around Ethereum’s long-term potential by publicly endorsing a $10,000 price target for ETH. This forecast is not merely speculative hype but is grounded in technical analysis and market dynamics that Hayes has been monitoring closely. His recent chart analysis reveals early signs of strength in Ethereum’s price action, particularly when viewed against Bitcoin, which has historically been the benchmark for altcoin performance. The significance of Hayes’ prediction lies in its timing and context. Ethereum’s recent price movements have shown a breakout from consolidation phases, with the ETH/BTC pair reversing a two-year downtrend. This reversal indicates a shift in market sentiment, where Ethereum could regain dominance relative to Bitcoin.…
Filed under: News - @ July 10, 2025 2:23 pm