NewsBTC •
May 10, 2026 at 11:40 •
Analysis
Ethereum is trading just above $2,330, a price that, on the monthly chart, is sitting just above within a long accumulation zone. However, recent market dynamics show that Ethereum is destined for far higher prices than $2,300 this cycle, and this is not only about traders waiting for another rotation into ETH. The outlook is that the Ethereum price will cross above $10,000 this cycle based on factors that are turning Ethereum into a base layer for regulated on-chain markets. Related Reading: Swiss Bitcoin Reserve Effort Withdrawn After Resistance From Central Bank Wall Street To Push Ethereum Price To $15,000 According to a crypto analyst that goes by the name Crypto Patel on X, Ethereum is going to trade somewhere between $10,000 and $15,000 this cycle, and there a...