Ethereum’s Grand Soirée: Could It Triple to $13,000? 🤔💸

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Permit me to regale you with a tale of digital alchemy, wherein the humble ETH, that sprightly digital chappie, might ascend to dizzying heights of $13,000 this cycle, if the stars of market history align with the precision of a Binkie’s pocket watch. One might almost hear the clink of champagne glasses as the analysts whisper their prophecies.

The asset, currently prancing about 92% above its long-term 200-week moving average (a quaint old benchmark at $2,400), is the talk of the town, according to DeFi Report’s Michael Nadeau, who sipped his tea with the air of a man who’s seen it all-and then some. In 2021, the last bull market’s crescendo saw ETH peak at $4,870, a figure so grand it made the 200-week MA weep with envy. One might imagine the moving average whispering, “If only I could be half as daring.”

Should our digital friend trade at a mere 200% above its 200-week MA, it would gallop toward $7,300. But lo! At 400% above, it would leap into the stratosphere, surpassing $12,000-a mere trifle for a coin with such panache. (One might suggest the coin take up tap-dancing; its moves are already quite the spectacle.)

Ether, you see, has already outshone the April dip, which left it languishing below $1,500 like a dachshund in a puddle. Now it struts with the confidence of a peacock in a stock market.

A Volatile Waltz to Five Figures

Fundstrat’s Tom Lee, a man with a penchant for predicting super cycles, has declared that five-figure Ether is not beyond the realm of possibility. However, the path thither is as treacherous as a ballroom floor in a hurricane. One need only recall its 2018 plummet (a 94% drop!) or its 2022 surrender (80% lost! A tragedy!) to understand that sharp downturns are not merely possible but positively probable. The market, like a fickle lover, is prone to sudden whims.

Our analysis offers a “base case” wherein ETH dances 250% above its 200-week MA, landing at $8,500. This aligns with the realized price reaching $3,000-a figure that, when multiplied by 2.9, would send ETH into a pirouette at $8,700. (One might imagine the coin twirling so vigorously it causes a minor earthquake.)

If Ether were to claim 35% of Bitcoin’s market cap (a lofty goal, given its current 23.4%), and BTC were to soar to $150,000, it would place ETH at $8,600. A lofty sum, to be sure, but nothing a few well-timed ETFs and institutional investors couldn’t achieve. (One might say the market is throwing a party, and the institutions are the last-minute guests who arrive with the punch.)

Another trader, Merlijn The Trader, has observed that Ethereum is “repeating 2021,” a phrase that drips with the nostalgia of a bygone era. Back then, reclaiming previous all-time highs triggered a +250% explosion, a spectacle so grand it made the 2021 market seem a mere parlor game. Now, ETH is testing the same level again-same structure, same energy, but with ETFs and institutions in the mix. A bit like adding fireworks to a garden party.

“ETHEREUM IS REPEATING 2021.”

Back then, reclaiming the previous ATH triggered a +250% explosion.

Now, $ETH is testing the same level again.

Same structure. Same energy.

Only difference this time? ETFs and institutions are in the mix.

– Merlijn The Trader (@MerlijnTrader) October 8, 2025

ETH’s Price Outlook: A Coiled Spring

Ether, that sprightly creature, is still consolidating, trading within a range-bound channel as if it were a coiled spring waiting for a nudge. From a late-week high above $4,500, it has dipped to $4,400, a mere trifle in the grand scheme of things. (One might imagine it taking a breather on a velvet cushion before leaping again.)

With sideways trading now lasting two months, the market appears poised for a breakout, a grand finale to a bull market that refuses to retire. All indicators suggest it will embark on a price discovery mission, a journey as thrilling as a steam engine on a tightrope. The party, it seems, is far from over.

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2025-10-09 09:11