Ethereum (ETH) might be heading for a rally soon, with some crypto experts saying it could reach $10,000 in the coming months. This comes as signs point to a possible “altcoin season,” a time when smaller coins like Ethereum do better than Bitcoin. On June 26, crypto analyst Mikybull posted on X (formerly Twitter), saying that Ethereum has finished a phase called the “Wyckoff reaccumulation” test.
This pattern usually happens before a big rally. “Ethereum is done with ‘test’ on Wycoff reaccumulation schematic,” he wrote. He added, “Big rally incoming.” His chart pointed to a breakout around the $3,200 level, which he expects to happen soon.