#GateSquare#  and   #ETH冲击4800#  Despite the 47% rally in Ether, a rapid decline is not expected.

Ether's meteoric rally, which reached $3,600 on Thursday, appears unlikely to reverse as long as two key macro conditions hold.

ETFs on the rise, Fed uncertainty positive for Ether

A key catalyst for the continuation of the upward trend in Ether's price was the increasing inflows into US spot Ether (ETH) exchange-traded funds (ETFs). Specifically, $727 million in inflows occurred on Wednesday. This was the largest single-day inflow since Ether ETF trading began in July 2024.

These coins go directly to cold storage and, by definition, cannot be sold immediately. Furthermore, uncertainty surrounding the US Federal Reserve (Fed) is another bullish catalyst for Ether.

Macro conditions are more mixed than toxic. While the June Consumer Price Index (CPI) "increased slightly," US President Donald Trump's continued pressure on Fed Chair Jerome Powell is increasingly bullish for crypto, he explained.

"Trump continues to pressure the Fed to cut interest rates by up to three percentage points. This means policy risk remains dovish in favor of risky assets.

"Unless ETF inflows suddenly stop and the Fed simultaneously turns sharply hawkish, a full-blown pullback like the 30% correction experienced in October 2024 appears unlikely."

According to data, Ether is trading at $3,609 and has gained 43% in the last 30 days.

Despite the predictions of several analysts, the probability of Ether reaching $10,000 by the end of this year is low.

“A $10,000 target would mean a 190% rally in five months. ETH has only achieved this twice: once during the 2017 ICO craze and once during the 2020–21 DeFi boom.”

A $10,000 target for Ether could be “challenging.”

Such a move is challenging. However, as long as strong ETF inflows continue, staking is integrated into Ether ETFs, investor sentiment shifts to a more risk-averse environment, and Ethereum sees broader adoption, the possibility remains.

“Rapid real-world adoption of Ethereum’s infrastructure: re-staking, rising second-layer rollups, and new application areas that remove more ETH from circulation.”

If any one of these engines stalls, the rally could peak before reaching five-figure levels, but if they all work together, a sudden run to $10,000 for Ether is not out of the question.

Ether's $10,000 price tag is speculative, but not entirely impossible.

As long as Ethereum remains above $3,000, the likelihood of a vertical rally of up to 12 times the price increases.

"This is an ambitious move, but if strong macroeconomic headwinds, wider adoption of ETFs, and a strengthening narrative that Ethereum will be the backbone of the next financial system persist, it's not impossible for ETH to approach $10,000."

"ETH now feels more like a programmable digital asset than a speculative bet."

Based on the relative strength index (RSI), the Ether price is projected to peak between $7,000 and $10,000.  #ETH#