Ethereum’s ‘Netflix Moment’ Could Send ETH To $10K By 2029 As Bitcoin Eyes $81K

Michaël Van de Poppe said that cryptocurrencies "haven't seen any moves at all," with SOL/BTC barely beginning to rise after Solana broke its 21-day moving average and flipped a level.

• Ted Pillows called for $10,000 Ethereum by 2029 and superimposed Ethereum's monthly chart on Netflix's 2003–2011 run, placing Ethereum at the corresponding breakout point.
• According to Michaël van de Poppe, Ethereum made its sweep and quickly recovered to be on pace with Bitcoin.
• He suggested that another run at the highs is imminent. If the lows are swept again, he plans to enter at $2,200.

Crypto analyst Ted Pillows said Ethereum (ETH) was having its "Netflix (NFLX) moment" and called for $10,000 Ethereum by 2029, while Michaël van de Poppe argued Bitcoin (BTC) was headed towards $81,000.

On Sunday, Pillows posted a side-by-side of Netflix's monthly chart from 2003 to 2011 against Ethereum from 2019 onward, marking the point where Netflix broke above a multi-year range and reclaimed its rising trendline. He placed Ethereum at the equivalent juncture on its own chart. 

Ethereum’s price was trading above $2,400 over the past 24 hours. On Stocktwits, the retail sentiment around ETH remained in the ‘extremely bullish’ zone, while chatter around it stayed at ‘high’ levels over the past day.