Ethereum (ETH) could reach $10,000 in the coming years if the cryptocurrency clears major resistance levels, according to analysts and on-chain data. Large holders, often called “whales and sharks,” have begun adding to their positions, suggesting renewed confidence in the digital asset.
ETH traded near $3,946 on Oct. 25, following a high-volume rejection around the $4,000 mark. Analysts say the price must first break past this resistance before momentum can build for a long-term climb.
Ali Martinez, an analyst, projects a path to $10,000 by 2027–2028, though he notes that a pullback into 2026 is likely before the next major rally. Another firm, The Long Investor, sees a potential target of $13,500 by 2029. These forecasts are multi-year and not intended as near-term predictions.
On-chain analytics firm Santiment reported that wallets holding 100–10,000 ETH have added roughly one-sixth of the coins they sold earlier in October. Analysts interpret this as a sign of improving confidence among larger accounts, which could support Ether’s long-term growth.
Technically, ETH faces resistance in the $3,945–$4,000 zone and support around $3,870–$3,880. A decisive close above $4,000 could open the way for $4,100, while a drop below $3,930 may push the price toward the lower support area. Volume data showed spikes above 180% of the daily average during failed attempts to break $4,000, emphasizing the importance of that level.
Analysts say near-term price movement will influence the long-term path, but the multi-year projections depend on ETH reclaiming and holding key levels while larger holders continue to build positions.
