Ethereum Battles for $10K, DTX Exchange Soars 700%

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a driving force behind the growth of the crypto industry, thanks to its blockchain innovation, fast transactions, and smart contract capabilities. While the Ethereum price has performed exceptionally well in recent years, the question remains whether it will reach the $10,000 milestone.

Meanwhile, another cryptocurrency, DTX Exchange (DTX), has been making waves in the market with its remarkable success in the presale phase. DTX has seen a 700% increase in its token price since its initial phase, making it the top gainer in 2025. While some experts believe that the Ethereum price may not reach $10,000 in the short term, DTX has emerged as an attractive investment option for many.

Ethereum Price Struggles For Rebound

Recent external economic conditions have significantly impacted the cryptocurrency market, with Ethereum taking a significant hit. During November's bull rally, the Ethereum price surged from $2,380 to a high of $4,106, an increase of over 70%. However, after reaching this peak, ETH has faced continuous bearish pressure and is currently trading 35% below the same high.

After a v-shaped recovery on Monday, the Ethereum price is hovering above the $2,700 support level. Despite a strong hammer candle indicating rejection from the downside, ETH has failed to form a reversal rally and is consolidating in the $2,700-$2,900 range. If the Ethereum price rebounds off the upper resistance of the range, it might regain the $3,000 psychological support level.

Amidst this inactivity in the last few sessions, X crypto analyst Crypto Rover has highlighted a comparison of the current Ethereum price action with the 2016 market. He used a historical chart pattern and suggested that history could repeat itself if ETH breaks out with a new all-time high.

DTX Exchange: $0.16 Altcoin New Sensation In the Market

DTX Exchange is an innovative hybrid trading platform that is making a strong impression in the $90 trillion trading market. Due to its revolutionary idea and rapid growth, it has attracted significant attention in the De