Ethereum’s Surge Toward $10,000: A Look at Bullish Signals and Potential Catalysts

Ethereum’s revival coincides with Altcoin Season Index (ASI) breaking out of a prolonged downtrend, exceeding 29 and indicating a growing shift from Bitcoin towards altcoins. Trader Mister Crypto anticipates a “life-changing” quarter, predicting significant daily moves of 40% for major alts. Ethereum’s price is already showing increased strength against Solana and XRP, hinting at coming outperformance. Technical analysis suggests that the current symmetrical triangle on the two-week chart could signal a breakout to $10,000-$20,000 if buyers clear $3,100 and close above the upper boundary.