BlockBeats news, on June 27, according to Cointelegraph, the technical formation of Ethereum indicates that ETH is expected to experience a significant pump, potentially initiating an alt season in the coming weeks or months. Crypto assets analyst Mikybull stated that using Wyckoff Technical Analysis suggests that the price of Ethereum may break through the $3,200 mark. Several analysts predict that the target price for Ethereum in this cycle is $10,000 and above. Joao Wedson, founder and CEO of Alphractal, mentioned in a post on X on June 26 that the altcoin season index is signaling opportunities, and over the past 60 days, Bitcoin has outperformed alts, while the altcoin season index remains in the green zone below 20%. This is not necessarily a "bad thing," he.