Ethereum (ETH) performed strongly this week, surging to a high of over $3000. Its rise comes as Bitcoin also hits its all-time high of $118,000 , which is a sign that the crypto market is gaining strong momentum with time. Notably, ETH has climbed back above the $3,000 mark for the first time since February, marking a strong recovery after a drop from $4,100 in December 2025 to a low of $1,387 in April. This rebound comes at a time when global markets remain unsettled by renewed tariff disputes and growing political uncertainty tied to former President Trump’s influence on economic policy. That said, Ethereum’s surge in price has raised various optimistic observations and predictions from analysts. In a post, Pentoshi, a popular crypto analyst, highlighted the shifting sentiment around Ethereum, noting that growing capital inflows, especially from public companies, could soon outweigh all ETH issued since the Merge. With Ethereum’s market cap still a fraction of Bitcoin’s, the analyst suggested it won’t take much to trigger significant price moves. He urged the community to put aside bias and recognize the momentum building behind ETH, calling its rise “inevitable” in hindsight. Meanwhile, Arthur Hayes, the former CEO of the BitMEX platform, predicted that ETH would hit $10,000 following the ongoing surge. ‘‘ Arise Chikun, it’s time… ETH = $10,000 Yachtzee,’’ Arthur tweeted on Thursday, sharing the chart below Hayes further pointed out that Ethereum is steadily gaining ground against Bitcoin, with the ETH/BTC trading pair slowly climbing from its historical lows. Elsewhere, market analyst XForceGlobal recently echoed similar views, predicting that Ethereum as an asset is on track to eventually reach the $10,000 milestone. He emphasized that growing institutional interest, improving fundamentals, and Ethereum’s evolving role in the blockchain ecosystem all support a long-term bullish outlook. “The move up on the shorter timeframes was objectively. ETH is still looking to shoot for a new ATH’s this cycle and should end around $9,000- $10,000, give or take.” XForceGlobal tweeted. No macro scenario is providing a ‘good look’ and remains only ideal in nature using context; however, this remains as my primary idea for now, ‘ Meanwhile, analyst Michaël van de Poppe noted that Ethereum is approaching a critical resistance level around $3,500, with a potential breakout on the horizon if bullish momentum persists. He pointed to the growing impact of Ethereum ETFs that include staking features as a possible catalyst, emphasizing that these products could significantly reduce the circulating supply. The further pundit suggested that recent regulatory shifts, such as the SEC’s more favorable stance toward proof-of-stake assets, combined with staking demand, may create the ideal conditions for Ethereum to break past this key barrier. At press time, ETH is trading at $2,981.30, reflecting a 5.28% surge within the past 24 hours.
