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Crypto Analyst Thinks the Top Is Not in for Ethereum (ETH) Either, Much Like BTC, New ATHs Lie Ahead
Crypto analyst thinks the top is not in for Ethereum (ETH) either.
Much like the analyst expects new ATHs for BTC, ETH could also pump soon
ETH only needs liquidity to get started and that could trigger altseason.
The price of Bitcoin (BTC), the pioneer crypto asset, is once again trading in 6-digit prices after its fall to 5-digit prices yesterday. With BTC price maintaining these 6-digit targets, most analysts believe that a bounce and recovery may be on the horizon for the crypto market with all crypto assets poised to hit new ATH prices. Crypto analyst thinks the top is not in for Ethereum (ETH) either, much like BTC, new ATHs lie ahead
Crypto Analyst Thinks the Top Is Not in for Ethereum (ETH)
This week began with challenging times for the crypto community as the price of BTC kept falling from $110,000 until it dipped to $107,000 and $104,000, till it finally fell below $100,000, until it hit $98,000. Most analysts believe that this dip may have marked a bottom for the pioneer crypto asset, igniting hope for a bullish continuation and a continued bull market pump in the weeks ahead
This expectation suggests that the price of BTC has yet to set higher ATH prices in the coming days ahead. One analyst already thinks that BTC is capable of hitting prices between $140,000 and $160,000 by the end of this year and makes a daring prediction for the price of BTC to hit $200,000 and above prices by Q1 of 2026. Similarly, the same analyst believes that ETH has also not hit its top price this cycle either
New ATHs Lie Ahead
The pioneer altcoins asset, Etheruem (ETH), has had a tough run this bull cycle. Going back, the price of ETH only began to pump after the brutal correction in Q1. Soon after this correction, the price of ETH went on to steadily pump until it finally set a new ATH price in Q3, where the price of ETH beat its previous ATH price in the $4,800 price range and set its current ATH target at $4,900
Following this, the price of ETH was then expected to hit $5,000 and truly explore its price discovery phase, only to see its prices dip to lower prices. Since then, analysts have been eagerly waiting for ETH to reclaim its new ATH price and reenter price discovery again. As only after this can altseason be triggered, leading to new ATH prices for all altcoins as well.
As we can see from the post above, this analyst says that ETH looks ready to pump and goes on to highlight the many bullish signs that point to ETH hitting exceptional new ATH prices in the coming weeks ahead. He says that Ethereum is the king of altcoins and just needs liquidity to get started. He concludes by saying that liquidity is coming for hte crypto market and new ATHs are just around the corner.