Arthur Hayes Predicts Ethereum to Reach $10,000 by Year-End
Arthur Hayes, co-founder of BitMEX, projected that Ethereum could hit $10,000 by the end of the year during the 'KBW2026 with Upbit' event. Currently, ETH is consolidating within a symmetrical triangle pattern, struggling to clear the $2,800 resistance level. Recent data shows that spot Ethereum ETFs have seen net outflows of approximately $2.81 million over the past 24 hours, marking a shift from previous positive inflows. Market analysts suggest that a breakout above the current resistance could pave the way for significant gains, while a drop below the lower support could lead to further consolidation.
Summaries are written by AI from the original article. Not investment advice.