Ethereum price today is hovering around $2,388 after decreasing by nearly 7% since the October 7 swing high. This downtrend aligns with Bitcoin’s 2% drop in the last 24 hours. Although Ethereum (ETH) ended its lackluster performance last week with a 9% rally, the short-term outlook remains questionable. The mid-to-longer-term forecast, however, remains unchanged as crypto markets burn through the first months of the fourth quarter and on the backdrop of Vitalik Buterin being nominated for the Nobel Prize. Will the ETH price reach $10,000?