The hedge fund manager says that our base is “ETH reaches 10 thousand dollars at the end of this session

On Sunday, Eric Jackson, founder and head of the Toronto Hedge Fund The capital Emj Publish a string On X, which made it clear the difficulty of his company on the ether (Eth).

According to Jackson, the market has reduced the impact of the upcoming developments, especially the expected approval of the money circulating in ETH (ETFS) By October 2025. He said this event, instead of already adopted ETH boxes, represents the real catalyst for a significant price growth, where the ether can turn into assets listed in attractive return for institutional investors.

Jackson explained that his company’s model expects a supply crisis paid in several factors. He highlighted that approval is likely to lead to an increase in institutional demand, reducing the circulating supply, and negative investment flows from traditional financing. In addition to the distinctive after the ethereum edge, the growing transactions fees from the second layer solutions, the rise of realistic origins in the real world (RWA) The distinctive symbol, and it is believed that these dynamics can significantly enhance the value of ETH.

Jackson stressed that ETHEREUM’s ability to generate real revenue positions as a network of less than its value, is ready to become a producer of the institutional degree instead of just speculative origin.

In his analysis, Jackson offered an essential case of ether up to $ 10,000 by the end of the current market cycle, with a more optimistic scenario of $ 15,000 or higher if the expectations in layer 2 and ETF flows exceed.

He pointed out that although Bitcoin continues to control the market’s interest in exceeding $ 120,000, ETHEREUM creates calmly as a critical infrastructure for encrypted currency transactions.

Jackson also expressed doubts about Ethereum’s analogy as a “digital oil”, instead, indicates that his role as a founding platform for trade in the economy that is compatible with companies such as Circle, Coinbase, Shopify and Robinhood. His company is still optimistic, as it maintains a long position at $ ETF ETF and plans to update its model with new developments.

With the encryption market today, following the profit that took the price of bitcoin in the past two days from more than $ 123,000 to about 116,000 dollars, the ether price is rising relatively well, a decrease of only 0.6 % in the past 24 period at the time of writing. One of the reasons for this is probably support from the Nasdak list Sharplink Gaming (Smet).

Earlier today, the company announced via a mail On X, it strengthened its location as the largest carrier of the ether company in the world, bypassing even the Ethereum Foundation. The company revealed that between July 7 and July 13, 2025, it got approximately 74,656 ETH for about $ 213 million, at a rate of $ 2,852 per eth, up to its total property to about 280,706 ETH.

She says that this aggressive acquisition strategy, which is partially funded by collecting $ 413 million by selling 24.5 million shares across the market in the market (ATM) The facility during the same period, confirms its commitment to making Al -Atheer the origins of the primary treasury reserve.

This announcement also highlighted that approximately 99.7 % of ETH’s Sharplink is actively equipped, generating about 415 ETH in exciting rewards since the company launched the treasury strategy that focuses on ETH on June 2, 2025.

In addition, Sharplink has reported a 23 % increase in its “ETH” scale since June 13, 2025, reflecting the largest ETH per share. This step is in line with the company’s broader vision, which was explained by the Chairman of the Board Joseph Lubin, co -founder of ETHEREUM, to put Sharplink at the forefront of digital trade by taking advantage of the ETHEREUM benefit in the decentralized financing and Blockchain.

Technical analysis

• According to the technical analysis model of Coindsk Research, ETH-Us presented a very significant volatility throughout the 24-hour period from July 14 15:00 UTC to 15 July 14:00 UTC, the creation of a trading corridor of $ 132.08, which constitutes 4 % movement between the floor of the session at $ 2,933.50 and the ceiling at $ 3,065.45.
• The trading session was marked by constant declining pressure during the night hours, as the ETH was descended from 3,013.65 dollars to reach the daily Nadir of approximately $ 2,933.50 at 03:00, and then entered a side unification phase within $ 2,960-2,990 dollars throughout the majority of the ruling.
• The pivotal moment was embodied during the closing trading hour, as ETH coordinated an amazing rise from $ 3000.02 to 3,051.89 dollars, and collected gains of $ 51.87 in one hour accompanied by an unusual trading activity from 496321 units-twice the base line exceeds 24 hours from the 22500.
• This dynamic mutation indicates strong institutional positioning and possible penetration signals that exceed the psychological barrier of $ 3,000, which was limiting an ascending momentum attempts previously.
• ETH-weD showed unusual price procedures in the last sixties that extend on July 15, 13:08 UTC to 14:07 UTC, accelerating from $ 3,016.75 to achieve a session of a session of 3,065.45 dollars before merged it at a price of 3,047.00 dollars, on the occasion of my net value of $ 30.25 or 1 %.
• The time frame offered a wonderful narration that starts at 13:25 when ETH has passed from 3,017.89 dollars to 3,026.08 dollars, it succeeded from the continuous ups of the ups that reached Zenith during the period from 13:42 to 13:50 UTC, where the evaluation was escalated from $ 3,029.14 to 3,065.3 – 8 minutes the window where the trading activity rose to some It exceeds 21,000 units at 13:46, three times the base line is approaching.
• This strong progress categorically penetrated the $ 3,030 resistance threshold and the summits of a new session, although the subsequent profit dynamics appeared during the closing 17 minutes, which led to the decline of ETH to $ 3,047.00 in the midst of the activity that reached scratch during the last three minutes, indicating gyrome fatigue after direct ascension.

Slip: Parts of this article were created with the help of artificial intelligence tools and reviewed by our editorial team to ensure accuracy and commitment Our standards. For more information, see Coindesk Full Policy AI.