Here’s why traders say $10K Ethereum price is still on the table

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Ether’s (ETH) was down 14% from its 2026 precocious supra $3,200 and 41% beneath its $4,950 all-time high, reached successful August 2025. Despite this drawdown, traders stay optimistic astir the ETH terms rising higher arsenic agelong arsenic a cardinal enactment level is reclaimed.

Key takeaways:

Ether traders are bullish connected a $10,000 ETH terms contempt a 41% drawdown from all-time highs.
Wyckoff method, rhythm patterns, and liquidity correlations converge connected a $10,000–$15,000 ETH terms target.
Record regular transactions, expanding regular progressive users and nine-year debased transaction fees suggest bullish onchain momentum.

ETH traders are inactive eyeing $10,000-$15,000 price

Market analysts accidental ETH terms is undergoing a method correction to retest cardinal enactment levels earlier continuing its uptrend.

Technical investigation utilizing the Wyckoff method points to a imaginable ETH terms breakout supra the $10,000 mark, according to crypto expert Annie.

“The operation is complete, conscionable waiting for 1 past breakout,” the expert said successful a caller station connected X, adding:

“Once the marketplace kicks off, it'll sprout consecutive up. $ETH people terms is $10,000.”

Fellow expert Bitcoinsensus shared a akin bullish outlook for ETH, pointing retired that a $10,000 ETH terms could inactive beryllium connected the array this cycle.

“Looking astatine erstwhile terms performance, we tin spot that Ethereum has gone done monolithic upswings,” the expert said successful a Jan. 1 station connected X.

An accompanying illustration showed that the ETH/USD brace has “experienced diminishing returns” with each upswing.

“If we use the aforesaid logic, we could spot $ETH scope determination betwixt $10K and $15K.”

Crypto Caesar, meanwhile, remained optimistic that Ether volition deed the $10,000 people “sooner oregon later” erstwhile the $4,500-$5,000 monthly absorption is broken.

“It’s conscionable a substance of time. Onchain play volition travel back.”

As Cointelegraph reported, a recurring signifier linking the planetary liquidity and the Russell 2000 scale hints astatine a imaginable 226% ETH terms breakout. Such a determination from the existent level places Ether’s terms people astatine $9,500.

“ETH is down the Russell-2000 for the archetypal clip successful years,” said Coinvo Trading successful a Monday X post, adding:

“Once ETH catches up, altcoin play begins.”

Ethereum transaction fees deed 9-year lows

Multiple onchain factors enactment Ether’s upside, including high web activity and beardown enactment below.

Ethereum has besides seen an influx of caller users with regular transactions hitting a grounds precocious of 2.78 cardinal connected Jan. 15.

This has seen the regular transaction number summation by astir 20% implicit the past month. The fig of regular progressive addresses has jumped 50% implicit the aforesaid period, reflecting precocious onchain demand.

Cryptocurrencies, Ethereum, Markets, Price Analysis, Market Analysis, Altcoin Watch

Meanwhile, regular transaction fees person dropped importantly implicit the past 30 days, hitting eight-year lows beneath 150 ETH ($435,000) connected Tuesday, according to information from Glassnode.

Lower transaction fees are a semipermanent bullish catalyst for terms arsenic it enhances Ethereum's inferior and competitiveness against rival layer-1 chains, portion attracting much users.

“Ethereum tx fees are astatine all-time lows close now, but astute declaration deployments conscionable deed a grounds high,” Cypher said successful a caller X analysis.

Such a operation usually means developers are shipping portion builders stay active, Cypher explained, adding:

“Quietly 1 of the astir bullish backdrops for $ETH close now.”

🚨 NOW: Ethereum transaction fees deed all-time lows portion declaration deployments scope grounds high, per Token Terminal. pic.twitter.com/Dc853JT19r

— Cointelegraph (@Cointelegraph) January 23, 2026

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