Analyst: It is predicted that Ethereum will exceed $10000 this cycle, and a "copycat season" may begin in the future

BlockBeats news, on June 27th, according to Cointelegraph, the technical form of Ethereum shows that it is expected to experience a significant rise and may start a "knockoff season" in the coming weeks or months. Cryptocurrency analyst Mikybull stated that using Wyckoff technology analysis suggests that Ethereum prices may break through the $3200 mark. Multiple analysts predict that the target price for Ethereum in this cycle is $10000 or above. Alphractal founder and CEO Joao Wedson stated in his X post on June 26th that the altcoin season index is sending out an opportunity signal, with Bitcoin performing better than altcoins in the past 60 days and the altcoin season index still in the green range below 20%. This is not necessarily a bad thing, "he believes." This could be a great opportunity to accumulate while altcoins are still lagging behind. "Whenever the index breaks through the 20% mark, it quickly rises in a short period of time, reaching over 80%, at which point the" lagging "altcoins begin to perform better than Bitcoin.