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Ethereum (ETH) has recently performed impressively, with its price climbing to around $4500. As the Bitcoin ETF ignites a bull run in 2024, industry experts predict that 2025 could be a highlight year for Ethereum. This article will explore whether ETH is likely to break through the $10000 barrier through six valuation methods.
First, from the perspective of the ETH/BTC ratio, the current value is 0.0372, which is at a historical low over the past five years, suggesting that ETH may be undervalued. Based on the average ratio of 0.0518 over the past five years, assuming the price of Bitcoin remains around $120,000, the fair price for ETH should be $6,214. If we reference the previous bull run ratio range of 0.06-0.08, the price of ETH could even reach $7,200-$9,600.
Secondly, with the launch of the Ethereum ETF, institutional funds are pouring into the ETH market on a large scale. This trend not only enhances the liquidity of ETH but also strengthens the market's confidence in its long-term value. The continued accumulation by institutional investors may become an important factor driving the price of ETH upward.
In addition, the technological upgrades of the Ethereum network and the continuous expansion of its ecosystem provide strong support for its valuation. With the full implementation of Ethereum 2.0, the network's scalability, security, and sustainability will be significantly improved, which will undoubtedly enhance the appeal of ETH as a digital asset.
It is worth noting that although various valuation models indicate that ETH has significant upside potential, the high volatility of the cryptocurrency market still exists. Investors should fully consider risk factors when making decisions and align them with their investment goals and risk tolerance.
Overall, as the cryptocurrency market continues to mature and institutional investors remain engaged, ETH is expected to challenge the $10,000 mark within the next one to two years. However, achieving this goal still requires the cooperation of various factors such as market conditions, technological advancements, and regulatory attitudes. In any case, Ethereum's leading position in blockchain technology and decentralized finance makes it a cryptocurrency asset worth closely monitoring.