- Ethereum price is gaining attention as Arthur Hayes sees $3,000 as a key breakout level that could eventually push ETH toward $5,000
- Hayes remains heavily bullish on ETH, calling it his second largest position outside Bitcoin and arguing that the asset still has significant catching up to do
- The September Ethereum price outlook remains uncertain, with ETH needing to reclaim $3,000 to strengthen the case for the larger upside move
The Ethereum price is once again gaining momentum amid Arthur Hayes’ bullish ETH prediction. The former BitMex CEO revealed how he has made active investments in Ethereum, stating how the cryptocurrency has enough room to catch up to BTC. Hayes believes that the Ethereum price may significantly gain momentum once it breaks the $3000 price level. Hayes later shared how the ETH price may eventually hit $5K if the asset continues to garner sustained support. Will the asset be able to claim $3K in September 2026? Let’s find out.
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Arthur Hayes Bullish Ethereum Prediction
Hayes appeared in a new podcast with Laura Shin, speaking in depth about his Ethereum inclinations. Hayes shared how ETH is his second largest position outside of Bitcoin. The former BitMex CEO was quick to add his own touch to the ongoing ETH predictions, adding how the asset has more room to grow and eventually prosper.
Hayes added that Ethereum has a lot of “catching up to do” while predicting a $3K breakout level for Ethereum.
“I’m not particularly worried that if I wake up one morning, ETH’s going to zero. Obviously it could happen, but the risk of that versus another crypto is much lower. Therefore, I’m happy to put a lot of size on this trade. And because it hasn’t moved that much in this past cycle, I think that there is a lot of catching up to do. Once it starts moving, the reflexive train is going to get going. There are so many people who want to buy long ETH for all sorts of various reasons. And there are really good reasons why they haven’t been for the past few years. But let’s say once we break through the 3000 level, I think you’re really going to start seeing the train moving on ETH, and it could quickly eclipse 5,000. And I think my year-end target is within reach.”
He later shared how the Ethereum price has the potential to hit the $5K mark once it breaks its $3K price ceiling.
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September Price Outlook for Ethereum
With such a bullish prediction on record, Ethereum is gaining steady support. The token is encountering sustained ETF demand as well, making it a complete package to focus on in the current market.
Per CoinCodex ETH Stats, the Ethereum price could reach a maximum of around $2,396 in September 2026.
The asset is predicted to hit past $3K later in 2026, with CoinCodex’s December forecast putting its average price above $3K. However, crypto markets are subjected to intense volatility; hence, user discretion is advised before making any active investment.
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