Ethereum&#8217;s price has lagged behind Bitcoin at key moments, retail confidence 
is low, and every failed breakout has given critics another reason to argue 
that ETH has lost its place. However, some market experts are not buying that 
idea. One of those market experts taking the opposite side of that argument is 
Tom Lee. The Fundstrat co-founder and BitMine chairman has continued to defend 
Ethereum’s long-term setup, with his 2026 ETH target around $12,000. The 
$10,000 Ethereum Case Is Bigger Than One Prediction Tom Lee is one of the more 
vocal names in the bullish camp for Ethereum. The Fundstrat co-founder and 
BitMine chairman has reportedly projected Ethereum as high as $9,000 to 
$12,000 by the end of 2026, placing him among the experts who believe ETH’s 
current weakness is temporary. Related Reading: Ethereum Shortfall Says Price 
Is Headed Lower Unless This Happens Lee made the Ethereum year-end 2026 
forecast at Consensus Miami, pairing the range with a Bitcoin projection of 
$150,000 to $200,000 and calling the crypto winter already over. It was a 
statement of confidence that stood out even in a conference room full of 
optimists. Lee&#8217;s company, Bitmine Immersion Technologies, holds over 5.18 
million ETH valued around $12.07 billion, a position built in less than a year 
at an estimated cost of around $230 million per tranche each week. This 
accumulation trend by Bitmine has been repeatedly compared to Strategy&#8217;s 
Bitcoin accumulation playbook, and Lee has leaned into it. Interestingly, the 
$10,000-plus Ethereum prediction is not limited to Lee. Analyst Crypto Patel 
offered a complementary set of drivers in a post on X, projecting an Ethereum 
price of around $10,000 to $15,000 this cycle. Another crypto analyst called 
Celal Kucuker also shared a bullish Ethereum outlook on X on May 9, laying out 
a long-term roadmap that places ETH on course for a possible move above 
$24,000. Why Are Market Experts Predicting Ethereum Price Above $10,000? 
Market experts are pointing to various reasons as to why Ethereum is going to 
break above $10,000. For instance, Crypto Patel’s prediction was built around 
a string of institutional developments, including BlackRock’s filing for 
tokenized money market funds on Ethereum, JPMorgan’s MONY fund going live on 
the network, and BlackRock’s BUIDL fund reaching $2.85 billion to become the 
largest real-world asset product on any blockchain. Related Reading: Market 
Analyst Predicts Bitcoin And Ethereum Prices For The Next 3 Quarters Tom Lee 
has made a similar argument, with his Ethereum outlook based on Wall Street’s 
growing move into blockchain infrastructure. According to Lee, the next big 
move in markets won’t be led by stocks. It’ll be driven by crypto, Bitcoin and 
Ethereum in particular. This is why the predictions above $10,000 are not 
coming from one single angle. Some experts are focused on institutional 
adoption, others are focused on tokenization and stablecoins, and some are 
reading Ethereum’s long-term chart structure as a sign that the asset still 
has room for a major cycle rally. Featured image from Adobe Stock, chart from 
Tradingview.com

Ethereum Is Not Dead: Why Market Experts Are Still Predicting A Rise Above $10,000

The ongoing blockade underscores geopolitical tensions, impacting global oil 
trade and highlighting the strategic importance of the Strait of Hormuz.
The post Vietnam oil firm urges US Navy to allow tanker through Hormuz 
blockade appeared first on Crypto Briefing.

Vietnam oil firm urges US Navy to allow tanker through Hormuz blockade

The lawsuit could redefine AI liability, prompting stricter safety protocols 
and reshaping industry standards for AI deployment and oversight.
The post Lawsuit claims OpenAI&#8217;s ChatGPT enabled Florida State shooting by 
advising gunman to target children appeared first on Crypto Briefing.

Lawsuit claims OpenAI’s ChatGPT enabled Florida State shooting by advising gunman to target children

Circle&#8217;s Arc blockchain venture could redefine regulatory landscapes and 
competitive dynamics in the stablecoin and crypto markets.
The post Circle bets on $3B Arc blockchain with $222M token presale appeared 
first on Crypto Briefing.

Circle bets on $3B Arc blockchain with $222M token presale

The CFTC and SEC are increasing coordination across crypto, securities, and 
derivatives markets as regulators face growing overlap between the sectors. 
CFTC Chair Michael Selig cited a memorandum of understanding, Project Crypto 
participation, and a crypto asset taxonomy. SEC and CFTC Advance Crypto Policy 
Alignment Efforts U.S. Commodity Futures Trading Commission (CFTC) Chair 
Michael S. […]

SEC-CFTC Alignment Cuts Risk of Overlapping Enforcement Actions

CryptoQuant signal has flipped Bitcoin into early bull territory for the first 
time since March 2023, analysts say. CryptoQuant&#8217;s Bull-Bear Market Cycle 
Indicator entered bullish territory on May 12 for the first time since March 
2023, signaling what analysts describe…

Ethereum Is Not Dead: Why Market Experts Are Still Predicting A Rise Above $10,000

Comments