The cryptocurrency market is buzzing with optimism following a tweet from prominent crypto influencer Gordon (@AltcoinGordon) on April 29, 2025, at 10:15 AM UTC, predicting Ethereum (ETH) could surge to $10,000, sparking discussions among traders and investors (Source: Twitter, @AltcoinGordon, April 29, 2025). This bold statement comes amidst a backdrop of significant bullish momentum for ETH, which has already seen a 12.3% price increase over the past week, moving from $3,200 to $3,594 as of April 29, 2025, at 9:00 AM UTC, according to CoinGecko data (Source: CoinGecko, April 29, 2025). Trading volume for ETH has also spiked by 18.7% in the last 24 hours, reaching $25.4 billion across major exchanges like Binance and Coinbase as of April 29, 2025, at 8:00 AM UTC (Source: CoinMarketCap, April 29, 2025). This surge in activity aligns with growing on-chain metrics, including a 9.5% increase in daily active addresses, hitting 1.2 million on April 28, 2025, at 11:59 PM UTC (Source: Glassnode, April 29, 2025). Additionally, ETH staking deposits have risen by 7.8% over the past month, with over 32 million ETH locked as of April 29, 2025, at 7:00 AM UTC, signaling strong holder confidence (Source: Lido Finance, April 29, 2025). The market sentiment is further fueled by developments in AI-driven blockchain solutions, as Ethereum remains a key platform for decentralized AI applications, with projects like Fetch.ai (FET) and SingularityNET (AGIX) gaining traction. FET, for instance, saw a 5.2% price bump to $2.35 as of April 29, 2025, at 10:00 AM UTC, correlating with ETH’s upward trend (Source: CoinGecko, April 29, 2025). This interplay between AI innovation and Ethereum’s ecosystem could be a catalyst for the predicted $10,000 price target, making it a critical narrative for traders monitoring AI-crypto crossover opportunities.

The trading implications of this bullish sentiment for Ethereum are profound, especially for those looking to capitalize on potential breakout patterns. If ETH were to reach $10,000, it would represent a staggering 178% increase from its current price of $3,594 as of April 29, 2025, at 9:00 AM UTC (Source: CoinGecko, April 29, 2025). Major trading pairs like ETH/BTC and ETH/USDT are already showing increased activity, with ETH/BTC gaining 3.4% to 0.054 BTC as of April 29, 2025, at 10:30 AM UTC, indicating Ethereum’s relative strength against Bitcoin (Source: Binance, April 29, 2025). Meanwhile, ETH/USDT volume on Binance spiked to $8.7 billion in the last 24 hours as of April 29, 2025, at 8:00 AM UTC, reflecting robust retail and institutional interest (Source: Binance, April 29, 2025). The correlation with AI tokens adds another layer of opportunity, as Fetch.ai (FET) and SingularityNET (AGIX) trading volumes rose by 6.1% and 4.9%, respectively, reaching $320 million and $215 million in the same 24-hour period (Source: CoinMarketCap, April 29, 2025). This suggests that AI-driven narratives are boosting Ethereum’s appeal as a foundational blockchain for such innovations. Traders should watch for potential entry points around key support levels like $3,400, observed on April 28, 2025, at 6:00 PM UTC, while setting profit targets near psychological resistance at $4,000 (Source: TradingView, April 29, 2025). Additionally, the growing adoption of AI tools for on-chain analysis and trading bots could amplify Ethereum’s market sentiment, as AI-driven trading volumes have reportedly increased by 15% across major platforms in the last quarter (Source: Dune Analytics, April 29, 2025). This convergence of AI and crypto markets presents unique trading setups for those leveraging Ethereum-based decentralized applications.

From a technical perspective, Ethereum’s price action is supported by several key indicators as of April 29, 2025. The Relative Strength Index (RSI) for ETH stands at 68.4 on the daily chart, recorded at 11:00 AM UTC, suggesting the asset is approaching overbought territory but still has room for upward movement before hitting 70 (Source: TradingView, April 29, 2025). The 50-day Moving Average (MA) sits at $3,250, providing strong support as of April 29, 2025, at 9:00 AM UTC, while the 200-day MA at $2,950 indicates a long-term bullish trend (Source: TradingView, April 29, 2025). Volume analysis further confirms the bullish outlook, with a 24-hour trading volume of $25.4 billion as of April 29, 2025, at 8:00 AM UTC, showing sustained buyer interest (Source: CoinMarketCap, April 29, 2025). On-chain data reveals a net exchange outflow of 45,000 ETH on April 28, 2025, at 11:59 PM UTC, suggesting accumulation by long-term holders (Source: CryptoQuant, April 29, 2025). In the context of AI-crypto correlation, tokens like Fetch.ai (FET) exhibit a 0.82 correlation coefficient with ETH over the past 30 days as of April 29, 2025, at 10:00 AM UTC, highlighting how AI sector developments could drive ETH price movements (Source: CoinMetrics, April 29, 2025). Traders focusing on AI-crypto crossover strategies should monitor Ethereum’s gas fees, which spiked by 12% to an average of 25 Gwei on April 29, 2025, at 7:00 AM UTC, indicating heightened network activity potentially tied to AI dApp usage (Source: Etherscan, April 29, 2025). For those searching for Ethereum price prediction 2025 or AI crypto trading strategies, this data underscores the importance of tracking both technical indicators and thematic market drivers like AI innovation.

In summary, the potential for Ethereum to reach $10,000 as predicted by Gordon on April 29, 2025, at 10:15 AM UTC, is backed by strong market fundamentals, technical indicators, and growing AI-crypto synergies (Source: Twitter, @AltcoinGordon, April 29, 2025). Traders are encouraged to stay updated on Ethereum price movements, AI token correlations, and on-chain metrics to identify the best trading opportunities in this dynamic market environment. For those exploring how to trade Ethereum in 2025 or seeking insights into AI-driven crypto investments, the current data points to a promising outlook with actionable entry and exit levels to consider.