Ethereum Eyes $10K as Traders Anticipate Breakout

Market sentiment surrounding Ethereum has turned notably bullish as traders identify technical patterns suggesting an imminent breakout toward new all-time highs. The $10,000 price target, once considered ambitious, is now being discussed as a plausible near-term objective based on current momentum and accumulation patterns observed across major exchanges.

Analysts point to several factors supporting this optimistic outlook, including sustained institutional interest, ongoing network upgrades, and favorable macroeconomic conditions for risk assets. While resistance levels remain at previous highs, the prevailing technical setup indicates that Ether is consolidating in preparation for its next major upward move, with key support holding firm above critical moving averages.

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