Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC 
ETH Anonymous trader predicts Ethereum is expected to reach US$20,000
Anonymous trader CrediBILL Crypto predicts Ethereum (ETH) will reach US$20,000 or higher, reiterating the goal he first proposed three weeks ago, when the token was trading at around US$1,500. According to him, Ethereum is completing a multi-year bottom-building for Bitcoin (BTC) and is about to enter its first bull market since 2017.
Chart behind pushing the $20,000 target
In response to claims that ETH will reach more than $10,000, CrediBILL simply responded to "more than $20,000" and mentioned a video in which he did not use the target as a speculation, but based on the long-term chart structure of ETH/USD and ETH/BTC. He said in the video: "I always say $10,000 is the absolute minimum. I think $20,000 is realistic... I wouldn't say it's inevitable, but $20,000 is very, very reasonable."
He pointed out that Ethereum has underperformed Bitcoin for years, and market sentiment is at levels similar to previous cyclical lows. But he believes that after about four years of decline, the ETH/BTC chart has finally reached what he believes to be a long-term accumulation zone. From there, he expects the world's second-largest cryptocurrency to build a bottom and then enter what he calls the next round of impulsive gains.
His next argument tracks the ETH/USD chart itself, saying that Ethereum has completed the first wave of a larger five-wave structure, currently remaining above an invalid level of about $1,385. According to him, if that support remains intact, then the next round of gains could push ETH to about $10,000, and a subsequent wave would lift it above $20,000. He also believes that if Bitcoin returns to previous highs or continues to enter another round of expansion, the historical ETH/BTC ratio points to similar price levels.
In addition, CrediBILL compared it to April last year. At the time, the price of Ethereum was similar to what it is now and was widely considered to be over, but it exceeded all-time highs a few months later. He said the situation looked similar today, with prices remaining above the previous low rather than falling below, a sign that the broader uptrend was still intact.
Trader Saiyan shared a similar view. He believed that the basic target for this cycle was $10,000, but was opposed by Cheds Trading, who wrote: "That will not happen." Sykodelik, another market observer, sided with the bulls, arguing that a breakthrough of $10,000 should not be considered unrealistic, as it is only twice the historical high of Ethereum.
Current status of ETH
According to data, as of writing, ETH was trading at more than $1,900, up nearly 4% in 24 hours and up about 24% in the past month. The token remains 60% below its all-time high, and other analysts have pointed to similar bottom signals in recent weeks. For example, four lower high patterns were pointed to, proving that the bear market had found a bottom, and chart analysts noted a bullish crossing in the asset's MVRV ratio. Binhang's funding rate also climbed to its highest level in six months, which analysts said showed that market sentiment had begun to shift while prices were still well below levels in the same period last year.
