Ethereum’s recent pullback hasn’t shaken the optimism of two of crypto’s most confident forecasters.
Despite the market’s turbulence and only a few months left in the year, BitMEX co-founder Arthur Hayes and BitMine chair Tom Lee are standing firm on their belief that ETH will climb to $10,000 before 2025 ends.
During a new episode of the Bankless podcast, both investors dismissed short-term volatility as irrelevant noise in what they see as a larger accumulation phase for Ethereum. Lee, who placed his year-end range between $10,000 and $12,000, argued that the market is only now emerging from a multi-year consolidation zone that began after the 2021 peak. “Ethereum isn’t overheating,” he suggested. “It’s rediscovering its value after four years of building.”
Hayes agreed, saying he has no reason to adjust his long-standing forecast. The two see the current market structure as a foundation for what they describe as “price discovery 2.0,” where ETH moves beyond its previous highs into a more mature valuation phase.
At around $4,100, Ethereum would need a roughly 140% rally to hit their target – a move they view as achievable if broader market sentiment improves and institutional inflows resume. Both analysts have linked the coming rally to macroeconomic shifts and Ethereum’s evolving role in decentralized finance and real-world asset tokenization.
Still, not everyone shares their conviction. CoinGlass data shows Ethereum has historically gained about 21% on average during the final quarter of each year – a pace that would lift it closer to $5,000, not $10,000. Others, like Tesseract CEO James Harris, forecast a smaller rise to $6,500, citing tighter liquidity and slower institutional momentum.
Market watchers such as Michaël van de Poppe remain cautiously optimistic, pointing out that the ETH/BTC pair has fallen to an “ideal buy zone” at 0.032, hinting at potential upside if the pair rebounds.
While opinions differ on how far Ethereum can climb before December closes, the message from Lee and Hayes is clear: the crypto market’s most unpredictable asset may still have one more surprise left this year.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/ethereum-price-prediction-10000-target-stands-despite-market-turbulence/