Ethereum Climbs Towards New ATH of $10,000 as Bulls Brace for Potential Correction

Ethereum is on track to reach a new all-time high (ATH) above $10,000. This surge in price follows a period of strong performance from the cryptocurrency, defying bearish signals and outperforming Bitcoin. Analysts predict that the cryptocurrency market will likely experience a red month of September due to historical trends. Despite this anticipated correction, experts anticipate continued upward movement for Ethereum as it aims to reach its $10,000 target. The asset has successfully reclaimed previous resistance levels at $4,700 and $4,800, further bolstering the bullish outlook.