Ether surged to $3,600, showing a significant rally unlikely to reverse, according to Felix Xu of ZX Squared Capital. He attributes this stability to significant inflows into US spot Ether exchange-traded funds (ETFs) and uncertainty surrounding US Federal Reserve policies. Xu notes that the recent ETF inflows represent the largest single-day amount since trading began, with these assets held in cold custody, limiting available supply. Despite rising prices, he cautions that while a $10,000 target for Ether is ambitious, it may be feasible if macroeconomic conditions remain favorable, investor sentiment turns risk-on, and further adoption of Ethereum occurs. However, Xu expressed skepticism, stating that such a drastic move would require simultaneous strong ETF inflows and a shift in Fed policies away from hawkishness. Trevor Koverko from Sapien echoed similar sentiments, suggesting that while a $10,000 price is speculative, it remains a possible outcome if conditions favor Ether in the broader market.

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