- Popular analysts are bullish on Ethereum (ETH).
- New ETH ATH between $8,000 and $10,000 is expected.
- The pioneer altcoin asset could hit multiple new ATH prices soon.
With bearish market expectations growing as most analysts believe the bear market turn is on the horizon, some analysts are clinging tighter to the hope of seeing a bullish altseason surge over the last two months of the year. At the moment, popular analysts are bullish on Ethereum (ETH), the pioneer altcoin asset, and expect to see a new ETH ATH price between $8,000 and $10,000.
Popular Analysts Are Bullish on Ethereum
Ever since the $20 billion liquidation event from earlier this month wiped out nearly all leverage and long trades for altcoins, sentiments for altseason to still carry on this bull cycle has taken a great hit. So much so that some analysts proclaimed there would be no altseaosn this bull cycle. Supporting this expectation is the fact that some altcoins like Kadena (KDA) declared bankruptcy following the crash.
In contrast, other analysts say that according to the 4-year bull cycle pattern, the price of ETH usually enters its final pump surge phase around this time and is thus waiting to see the price of ETH reenter its price discovery phase once again. So far this bull cycle, ETH entered a price discovery phase only once when it set its only new ATH price this bull cycle in the month of August.
Then, the price of ETH set its latest ATH target at the $4,900 price range, just slightly above the ATH it set in the previous bull cycle at the $4,800 price range. Analysts have since been waiting for the price of ETH to hit $5,000 and surpass it. This move is what confirms to be a bullish signal for the arrival of altseason this bull cycle. After all, altseason cannot commence unless ETH is in price discovery.
As we can see from the post above, this reputed crypto analyst draws attention to the fact that the ETH price chart is perfectly following the bullish February – December 2024 BTC fractal pattern, including the August 5, 2024, crash, coinciding with the October 10, 2025, crash. The analyst is pleased to see this bullish pattern playing out and expects to see ETH surge to promising new ATHs soon.
New ETH ATH Between $8,000 and $10,000 Expected
Similarly, another reputed crypto analyst says that ETH is following another bullish pattern on its price chart and as the image from the post above suggests, it is the Wyckoff re-accumulation which is currently underway for the pioneer altcoin asset. Following the completion of this phase and pattern, the analyst expects the price of ETH to surge to new ATH prices between the $8,000 and $10,000 price range.
