Ethereum
“Everything Will Go Up Again” – Analyst Reveals Timeline for Second Round of Crypto Bull Run
A popular crypto strategist and trader claims that digital assets are preparing for the second stage of the bull market.
Analyst pseudonym Inmortal tell his 214,000 followers on social media platform X that the Federal Reserve will likely signal the start of the next big rallies for crypto.
“Before you know it, everything will come back up. Plus, before you know it, the cycle will be over. The first rate cut will trigger the second round of increases. Don’t be sad, be ready. Generational wealth will be created in the months to come.
A top altcoin on the trader’s radar is Ethereum (ETH). According to the analyst, ETH could see another decline before climbing back above $4,000.
“$3,500 – $4,100 More chop
The market is in “don’t let them know your next move” mode.
ETH.
Source: Immortal/X
At the time of writing, Ethereum is trading at $3,749, down 1.59% over the past day.
Inmortal also has its radar locked on TokenFi Native Asset (TOKEN), a crypto project that aims to simplify the process of tokenizing real-world assets (RWA) by eliminating coding. According to the analyst, TOKEN appears to be following in the footsteps of Ondo Finance (ONDO), another project in the RWA crypto subsector.
“TOKEN about to follow ONDO?
Source: Immortal/X
Looking at the trader’s chart, he seems to predict that TOKEN will clear the resistance at $0.16 and rally back to $0.24.
At the time of writing, the TOKEN is worth $0.137.
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