Ethereum Price Prediction: Potential $2K Dip Before Reaching $10,000

Following a Friday morning correction, the cryptocurrency market saw a recovery led by Bitcoin and Ethereum. While Ethereum momentarily dipped to around $3,200, it rebounded to almost $3,500 before today’s rise of 4.5%. Despite this short-term volatility and ETH’s overall declining month, analysts remain optimistic about the asset’s long-term prospects. Analyst Ali Martinez predicts that Ethereum can surpass $5,000 and potentially hit the next milestone of $10,000. However, he suggests a price drop towards $2,000 is likely to occur before this breakthrough occurs, eliminating weak hands in the process. `, 2025), with the road to $10,000 requiring a necessary dip and clearing out hesitant investors.