Top Crypto Analyst Predicts Swift Ethereum Recovery, Says Big Run Coming for ETH

Top Crypto Analyst Predicts Swift Ethereum Recovery, Says Big Run Coming for ETH


A widely followed crypto strategist believes that the leading altcoin Ethereum (ETH) is close to carving a mid-cycle bottom.

In a new video update, pseudonymous analyst Bluntz tells his 264,400 followers on the social media platform X that Ethereum is about to conclude its ABC corrective wave.

Bluntz practices the Elliott Wave theory, which states that a consolidating asset tends to witness an ABC correction before igniting a fresh five-wave surge.

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“Looking at ETH/USD, we’re basically down here at the lows again, but I think it would be very odd if we just moved up from here…

I think ultimately ETH needs to sweep $2,800, take out the low and reclaim it and then finally we would have what looks like a proper ABC down

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