Ethereum, the second-largest cryptocurrency in the market, is once again in the spotlight, with veteran crypto analyst Ali Charts predicting its next trajectory to $10,000.
Veteran Analyst Predicts Move to $10,000 for Ethereum
Veteran crypto analyst Ali Charts has made a bold prediction on Ethereum, speculating that the largest altcoin is on track to break past the coveted $10,000 mark, reaching a new all-time high. Ali revealed this information in the late hours of October 30, 2025, on his X page through a video where he analyzed an Ethereum price chart.Â
However, while Ali is confident that Ethereum will surge to this high, he speculates that the coin will first undergo a price correction to the $ 2,000 mark. Furthermore, the price surge will occur in stages, first reaching $ 5,000, and then finally breaking past $10,000. Meanwhile, the prediction sparked mixed feelings among members of the crypto community, with the majority holding a pessimistic view of the analysis. Others, however, are confident that a bullish surge is on the horizon for Ethereum.
On-Chain Metrics Support Bullish Analysis
According to data from the on-chain intelligence platform Santiment, several traders are shorting Ethereum, as more major short positions open up across several exchanges. Historically, when major shorts dominate the market, Ethereum has often responded with a strong rebound in price, and vice versa. Thus, if history repeats itself, Santiment, like Ali charts, is confident that Ethereum could experience a massive price recovery and possibly hit the $10,000 mark before the end of November.
Fusaka Upgrade Increases Bullish Sentiment
As ETH prepares for a surge to $10,000, Ethereum is also gearing up for another major network upgrade- Fusaka Upgrade. Analysts are confident that this upgrade will have a long-term impact on the Ethereum price, with some speculating a potential surge past $ 5,000 shortly after the upgrade.
The Fusaka upgrade is scheduled for December 3, 2025, and is expected to increase the Ethereum gas limit from 45 million to 150 million, thereby boosting scalability and addressing security issues on the network. It will also introduce Peer Data Availability Sampling (PeerDAS), a feature designed to help Ethereum handle more transactions at a potentially lower fee.
Meanwhile, according to data from Coingecko, Ethereum has slid below $4,000 as the market continues to struggle for balance following the escalation in the ongoing trade war between the US and China. Thus, we wait to see how events will unfold in the coming weeks, regarding Ethereum’s next trajectory.
