Arthur Hayes Forecasts Ethereum At $10K By End Of Year
Arthur Hayes has forecasted that Ethereum could scale to $10,000 by the end of the year, according to a report by AMBCrypto. Speaking at the KBW2026 with Upbit event, the prominent crypto figure shared an optimistic outlook for the leading altcoin despite current market consolidation.
Data cited by AMBCrypto indicates that Ethereum has been trading above the $2,500 threshold over the past two weeks, though the $2,800 level continues to act as a significant resistance barrier for its upward momentum. The asset has been moving within a triangle consolidation pattern as spot exchange traded fund inflows experience a temporary slowdown.
Market participants continue to monitor whether institutional inflows will recover to help the cryptocurrency break out of its current technical formation. While near term price action remains range bound, high profile predictions like the one from Hayes highlight ongoing bullish sentiment among certain sector participants regarding the infrastructure asset’s upside potential before the conclusion of the year.
Based on reporting by ambcrypto.com.
