Ethereum’s journey to $10,000 is likely to unfold in stages. In the short term, maintaining support around $4,300 and breaking through resistance near $5,000 will be crucial. Analysts believe that once Ethereum moves past this zone, it could target $5,800 to $6,200 in the medium term.
The mid-term phase, around $6,000 to $7,500, could be supported by the successful launch of the Pectra upgrade, more institutional accumulation, and an expanding decentralized finance ecosystem. If these conditions align, Ethereum could then aim for $10,000 and beyond in the long run.
Tom Lee, a well-known market strategist, has projected Ethereum reaching between $10,000 and $12,000 by the end of 2025. His view is based on strong inflows into Ethereum ETFs and its increasing distinction from Bitcoin, not just as a store of value but as a utility-driven network powering decentralized applications.