Crypto analysts remain bullish as Ethereum (ETH) shows strength above $2,700, with some forecasting a breakout run toward the $10,000 milestone. Key momentum signals are aligning, and other major assets are also showing signs of life — including Arbitrum (ARB), Bitcoin (BTC), and Sui Network (SUI).
🔵 Arbitrum (ARB) Shows Strong Technical Reversal
In a new market update, widely followed analyst Michaël van de Poppe noted that Arbitrum (ARB) is entering a bullish phase, supported by higher lows and a strong bullish divergence on higher timeframes.
“The bullish divergence on ARB remains valid as it starts to make higher lows and higher highs. One to watch — it’s likely to perform well in the next 1–2 months.”
At the time of writing, ARB is trading at $0.411, up 1.8% on the day.
🟠 Bitcoin (BTC) Continues Grinding Toward All-Time High
Van de Poppe also shared his outlook on Bitcoin (BTC), stating that the crypto giant is likely to continue its slow push toward a new all-time high — provided key support holds.
“Level by level, Bitcoin continues to grind upwards. I think we’ll reach new ATHs, but if the support near $107,000 is lost, sharp corrections could follow.”
BTC is currently trading at $107,249, down slightly on the day.
🟢 Sui (SUI) Bounces Back After Exploit FUD
Finally, Van de Poppe addressed SUI, the layer-1 blockchain and smart contract platform, noting its recovery following the Cetus exploit incident.
“SUI is strongly coming back. The total value locked (TVL) has bounced $300M and is back at $1.8B. It’s outperforming Solana and I expect that trend to continue over the next 12–24 months.”
SUI is currently trading at $3.58, showing a minor gain on the day.
🔍 Market Outlook: Optimism Builds Across Majors
As Ethereum holds its ground and technical signals strengthen, analysts see a clear path to $4,000 — a level that could act as a springboard toward $10,000 in the coming years. Meanwhile, altcoins like ARB and SUI are showing fresh signs of strength, and Bitcoin’s slow climb toward a new ATH continues.