ETH Eyes $10k Target While Cardano Whales Buy the Dip
The post ETH Eyes $10k Target While Cardano Whales Buy the Dip appeared on BitcoinEthereumNews.com.
Fed rate cut odds above 90%, experts eye parallels to September 2024 setup. Ethereum consolidates in triangle pattern, charts show path toward $10K midterm. ADA sentiment dips as whales accumulate, ETF deadlines add fuel for altcoins. The global crypto market cap rose 0.62% in the past 24 hours to $3.84 trillion. Bitcoin gained 0.28% to trade above $110,900, while Ethereum inched up near $4,297. XRP stood out with a 2.14% rise, extending its weekly gain above 6%, helping lift the broader altcoin market. According to an analyst, the crypto market is heading into an important period shaped by macro moves and altcoin cycles. The attention is on September’s Federal Reserve meeting, where a rate cut is expected. Lessons From Last Year The core of the bull case is that the market is following a clear historical pattern. What happened in September 2024? In September 2024, the Fed lowered rates by half a point to support the economy. Altcoins did not jump right away. The market moved sideways for weeks, leaving traders frustrated. By November, however, liquidity began to flow and prices moved sharply higher. How does this compare to today? The setup is nearly identical. The market is pricing in a 90%+ chance of a Fed rate cut this month, yet prices remain in a tight range. This suggests the market may be in a similar consolidation phase before the next major leg up. Are Altcoins Set To Rally? The altcoin market cap stands near $1.5 trillion, paired with a moderate risk score of 25. Historically, readings like this have marked the start of new bullish phases. Ethereum Builds a Base Ethereum’s price is moving inside a long-term triangle pattern. If it dips toward the low $3,000s and finds support, it could set up a strong bounce. The chart also…
Filed under: News - @ September 8, 2025 10:30 am