TLDR
- Tom Lee and Arthur Hayes maintain their $10,000 Ethereum price target for 2025 despite recent market volatility
- Ethereum would need to gain 142% from its current $4,129 price to reach $10,000 by year-end
- Historical Q4 data shows Ethereum averages 21.36% returns, which would put the price closer to $5,000
- Technical analysis identifies $3,800 as a critical support level after Ethereum fell below $4,060
- Analysts suggest Ethereum may be preparing for a bullish move if it holds the $3,800-$3,910 demand zone
Ethereum continues to attract attention from major crypto investors. Two prominent figures in the space remain confident about its price trajectory.
Tom Lee from BitMine and Arthur Hayes from BitMEX are sticking with their prediction. They both expect Ethereum to hit $10,000 before the end of 2025.
Lee shared his thoughts on the Bankless podcast Tuesday. He said Ethereum could reach between $10,000 and $12,000 by year-end. Hayes agreed and said he would stay consistent with his $10,000 forecast.
The cryptocurrency currently trades at $4,129. Reaching $10,000 would mean a 142% increase from current levels. Both analysts consider this target achievable with less than three months remaining in the year.
Lee explained that Ethereum has been consolidating since 2021. The asset hit an all-time high of $4,878 that year. He said Ethereum breaking out of this range wouldn’t signal a market top. Instead, it would represent price discovery at a new level.
The cryptocurrency briefly reclaimed its 2021 highs in August this year. It then pulled back and hasn’t returned to those levels since. Over the past 12 months, Ethereum has gained 57.14%.
Market Data Suggests Lower Targets
Historical patterns paint a different picture than Lee and Hayes predict. Data from CoinGlass shows Ethereum’s fourth-quarter performance since 2016.
The cryptocurrency has averaged 21.36% returns during Q4. Applying this historical average to the current price would put Ethereum around $5,000 by year-end.
This aligns with other analysts who have more conservative outlooks. Tesseract CEO James Harris expects Ethereum to reach approximately $6,500.
Recent market volatility has tested investor confidence. Friday saw over $19 billion in liquidations across the crypto market. Ethereum dropped from $4,350 before the crash to its current level.
Technical Levels Draw Trader Focus
Technical analyst Ted noted Ethereum fell below a key support at $4,060. This breakdown has traders watching lower price levels closely.
$ETH has lost its $4,060 support level.
The next major support level is $3,800, and a failure to hold this will push Ethereum towards the $3,400-$3,600 support zone.
Although if ETH is able to reclaim the $4,060 and $4,250 support levels, we could see a good rally. pic.twitter.com/4naEL1s1r8
— Ted (@TedPillows) October 14, 2025
The next support zone sits at $3,800. This level has recently acted as strong demand area. If Ethereum fails to hold $3,800, the price could drop to between $3,400 and $3,600.
Analyst Nadezhada identified a bullish structure forming on the charts. A Break of Structure signal has appeared. This suggests Ethereum may be preparing for an upward move.
Nadezhada highlighted a demand zone between $3,910 and $3,800. This area includes a Fair Value Gap and Order Block. These technical indicators represent regions where buyers typically step in.
If Ethereum maintains support in this zone, it could push toward $4,550. Technical signals currently favor buyers according to multiple analysts.
$ETH hit the ideal zone for buys and I think it's ready for a trend switch.
What does it need?
A higher low and then we're off towards new highs. pic.twitter.com/B0Ef0VCBVJ
— Michaël van de Poppe (@CryptoMichNL) October 14, 2025
MN Capital founder Michaël van de Poppe said Sunday’s drop created buying opportunities. The ETH/BTC pair fell to 0.032. Van de Poppe wrote that Ethereum needs a higher low before moving to new highs.
Lee emphasized fundamental developments coming next year. He doesn’t view $10,000 as a top but rather as an important level. Hayes and Lee have maintained their bullish stance throughout 2025.
Ethereum currently sits at a crossroads between technical support and ambitious price targets. The $3,800 level remains critical for near-term price action.
