Ethereum (CRYPTO: ETH) has surged 19% over the past 24 hours, with prominent pseudonymous trader DonAlt putting a $4,000 to $10,000 target on the rally.
DonAlt posted on X that his target for Ethereum is $4,000, and $10,000 if price holds strong at that level.
“I’ll probably sell halfway into the rally as usual, you guys will call me washed and rinse repeat,” he wrote.
He anticipates the crowd will call him wrong either way, adding that nothing ever changes in how these cycles play out.
The veteran trader gained in recognition after having publicly called for a breakout despite criticism from bearish analysts.
