Tradingspeculatoranticipatesethereumascendenciesdue toTrump's 'Tariff Outburst,'forecastingarecordbreakingpeakforETHmemecoins
A notable cryptocurrency trader, known as Bluntz and holding a Master Trader rank on Bybit, has expressed optimistic outlooks regarding Ethereum and SPX6900.
The pseudonymous analyst, who boasts an impressive 318,000 followers on X, believes Ethereum is currently experiencing a five-wave rally as per the Elliott Wave theory. He anticipates that the digital asset will still reach his projected upside target of $3,500, despite recent market uncertainties caused by President Trump's tariff threats.
Bluntz is also bullish on SPX6900, an Ethereum-based memecoin, predicting it to be en route to a new all-time high of $2.30 by October this year. Fellow analyst Jack shares a similar sentiment, suggesting a potential surge in SPX6900 if the S&P 500 itself experiences new all-time highs.
At the time of writing, Ethereum was trading at $2,478, while the precise trading price for SPX6900 was unspecified.
It is noteworthy that Bluntz is a prominent figure on the cryptocurrency exchange Bybit, where traders often share their strategies and insights[1][2]. For more detailed information about Bluntz's predictions, it is recommended to refer to his updates or posts on financial platforms like Bybit or other dedicated cryptocurrency blogs.
[1] - Bybit: https://www.bybit.com/[2] - Bybit Leaderboards: https://trade.bybit.com/leaderboard/overall
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The pseudonymous analyst Bluntz, known for his Master Trader rank on Bybit, forecasts Ethereum to reach $3,500 and SPX6900 to hit a new all-time high of $2.30 by October, both cryptocurrencies and altcoins, lying within the realm of digital finance. Furthermore, Bluntz is active on the blockchain-based trading platform Bybit, sharing strategies and insights with fellow traders, demonstrating a vibrant community leveraging blockchain technology in finance.
