• $18,000 ETH ATH this bull cycle prediction gains traction. 
• Analyst marks a bullish ETH long-term ATH target of $160,000 by 2030. 
• How much will ETH price pump this altseason?

The crypto bull cycle continues on with cautiously bullish sentiments as the price of Bitcoin (BTC) continues to dwindle. While analysts expect one more pump for the price of Bitcoin to set a new ATH, analysts are slowly shifting their sights to promising altcoins hitting new ATH prices in the coming days ahead. Will Bitcoin Dominance collapse and finally open the path to the bull cycle’s altseason to hit? 

$18,000 ETH ATH This Bull Cycle Prediction Gain Traction

Ever since the price of the pioneer altcoin asset, Ethereum (ETH), set its first ATH this bull cycle in the $4,900 price range, just beating its previous ATH in the $4,800 price range, set 4 years ago, expectations for the ongoing bull cycle’s altseason peak phase to begin have grown more bullish than ever. Presently, analysts believe BTC will pull one more final pump before altseason pump can begin. 

In detail, the month of September has always been a bearish red month for the crypto asset, and many analysts expected to see a huge correction that would take BTC to $90,000 before a recovery in Q4. With about a week of September left, BTC continues to show its best September performance yet, leading to analysts believing this could be one of the rare years where September closes in green and pumps steadily in Q4.

Thus, analysts and traders are patiently waiting for the price of BTC and ETH to recover and specifically for ETH to enter price discovery phase once again. With these expectations in place, many ETH enthusiasts have shares bullish ETH price pump predictions with some ETH ATH expectations as bullish as $15,000. This is the price Tom Lee expects ETH to see by the end of this year. 

As we can see from the post above, this analyst marks the ongoing dip as the final opportunity to accumulate ETH before a mega pump to a bullish ATH target of $18,000. He then marks several indicators that point to this outcome, including ETH perfectly retesting its previous resistance, the RWA and stablecoins hitting ATH, ETH staking debut, ETH being SoV with 3% to 7% yield, ETH weekly forming a bullish flag, and Wall Street and big companies betting on ETH.

Analyst Marks $160,000 ETH ATH by 2030 

Another long-term bullish forecast for ETH comes in the post above that highlights Tether’s $500 billion valuation, implying $20 trillion Ethereum by 2030. This would mean that $172 billion stablecoins would push for a 2.9x TVL multiple for ETH. Historically, ETH’s  2.86x to its current 1.41x points to Ethereum TVL estimates of $3.7 trillion stablecoins by 2030 with an RWA of $2 trillion to $30 trillion. This could mean that if ETH TVL matches $10 trillion with 2x multiple, then ETH could hit an ATH of $160,000 by 2030.