Bitcoin broke records on several exchanges, but Ethereum quietly occupies the front of the stage. He recently crossed $ 2,780. Arthur Hayes, the former CEO of Bitmex, bets Grand Ethereum, calling for an increase at $ 10,000. With the increase in institutional entries and a change of trend, the ETH could prepare for a major escape. It is currently negotiated at $ 2,782, with gains of more than 4% in the last 24 hours.
Arthur Hayes teased Ethereum reaching $ 10,000 in a recent position. He supported it with a graph showing the first signs of force in the price of Ethereum. The ETH / BTC pair also rebounds on historical stockings, which could mean a major change of trend begins.
ETH / BTC pair shows a key trend change
Ethereum has been in a regular decreased tendency against Bitcoin since 2021. After having culminated above 0.08 BTC, ETH has gradually lost ground, forming a coherent and low diagram in the past two years. But this now shows the first signs of a rebound in the level of 0.02 BTC. The strong move this week at 0.025 BTC with an increase in volume indicates that the bullish momentum is built.
In a recent Podcast without a bank, Hayes had predicted that Ethereum could reach $ 10,000 at $ 15,000, with world liquidity changes and stricter capital checks.
Institutional entries collect
Analysts note the growing institutional interests of Ethereum, invoking strong entries in the ETH FNBTH. Yesterday, more than $ 211 million flocked in ETF ETHEREUM. Blackrock alone bought $ 158.6 million from ETH.
In June, whale portfolios increased their eTh ashs by 36%, and the liquid milestone increased by almost a million Eth. This shows a long -term belief in the network. Ethereum also recently undergone a major upgrade, which sparked an ETH rally at 50%.
The prediction of $ 10,000 in Hayes is part of an upward trend, where companies now hold Ethereum as an asset of the Treasury. In addition, a recent Fidelity report underlines that Ethereum leads Solana and other channels in the activity of developers, total locked value (TVL) and use of Stablecoin.
ETH surpasses BTC in long -term trading
Glassnode data show that Ethereum’s term volume reached $ 62.1 billion, slightly ahead of the $ 61.7 billion in Bitcoin. It is a rare reversal that suggests that traders focus on ETH. At the same time, CME Futures Open Interest for ETH has climbed to $ 3.27 billion, the highest since February, which is a clear sign of growing institutional demand.
The pillows of the investor TED have shared that Ethereum is currently outcoming bitcoin, and that smart money is already entering the market. He underlines that the current price model of Ethereum resembles the rally in small groups of Bitcoin from 2020 to 2021, and a major increase could be on our doors.
Experts suggest that the major momentum is probably built through the wider Ethereum ecosystem in the second half. Many believe that it can reach $ 10,000 at the end of this cycle.
