What if Ethereum Price Hits $10,000? Ethereum’s key metrics suggest an upside move

Ether’s (ETH() fell by 14% from the high of $3,200 in 2026 and was 41% lower than its all-time record high of $4,950, which it reached in August 20,25. Despite this decline, traders still remain confident that ETH will continue to rise in price as long as a crucial support level can be reclaimed.

The key takeaways

• Ether traders remain bullish despite the 41% drop in price from its all-time highest. 

• Wyckoff method, cycle patterns, and liquidity correlations converge on a $10,000–$15,000 ETH price target. 

• Onchain is gaining momentum, as evidenced by the record daily transactions and low transaction fee.

ETH investors are still aiming at $10,000-$15,000 prices

Analysts say the ETH price has undergone a correction in order to retest important support levels, before it continues its upward trend.

Use of the Technical Analysis Wyckoff method Annie, a cryptocurrency analyst, says that ETH’s price could rise above the $10,000 level.

Related: Bitmine’s staked Ether holdings point to $164M in annual staking revenue

“The structure is complete, just waiting for one last breakout,” The analyst said Additions to a post made on X recently:

“​​Once the market kicks off, it’ll shoot straight up. $ETH target price is $10,000.”

Bitcoinsensus, a fellow analyst who shares a bullish outlook on ETH with the same optimism as Bitcoinsensus, pointed out that a price of $10,000 ETH could be possible this cycle.

“Looking at previous price performance, we can see that Ethereum has gone through massive upswings,” The analyst said In a post from X on Jan. 1, 

A chart showing the ETH/USD exchange rate was also included. “experienced diminishing returns” Each upswing is a new opportunity.

“If we apply the same logic, we could see $ETH reach somewhere between $10K and $15K.”

Crypto Caesar, on the other hand, remains optimistic about Ether hitting $10,000. “sooner or later” Once the monthly $4,500-$5,000 resistance has been broken.

“​​It’s just a matter of time. Onchain season will come back.”

You can also read about the advantages of using Cointelegraph reportedA recurring pattern linking global liquidity to the Russell 2000 Index suggests a possible 226% price break for ETH. Ether’s current price is $9,500.

“ETH is behind the Russell-2000 for the first time in years,” said Coinvo Trading added in a Monday X blog post. 

“Once ETH catches up, altcoin season begins.”

Ethereum Transaction Fees Hit 9-Year Lows

Ether has multiple upsides, including high network activity Here is a strong and resolute support.

Ethereum also has seen an influx of new users The number of daily transactions reached a new record on January 15, with 2.78 millions.

In the last few months, the number of daily transactions has increased about 20%. In the same time period, the number of active daily addresses increased by about 50%.

Glassnode data shows that daily transaction fees dropped dramatically over the past 30 days. They reached an eight-year low of less than 150 ETH (435,000 USD) on Tuesday.

The price of Ethereum will rise over time as lower transaction fees increase its utility, competitiveness and user base.

“Ethereum tx fees are at all-time lows right now, but smart contract deployments just hit a record high,” Cypher said Recent X analyses have shown that.

Cypher explained that this combination typically means developers are shipping, while builders continue to be active.

“Quietly one of the most bullish backdrops for $ETH right now.”

🚨 Token Terminal reports that Ethereum transaction costs have reached a record low, while the number of contracts deployed has also increased. pic.twitter.com/Dc853JT19r

— Cointelegraph (@Cointelegraph) January 23, 2026