The widely followed password analyst says it is likely to prefer a bigger movement once due to the rise of digital assets before the market cycle is over.
A pseudonym, known as Pentoshi, says that 850,000 followers in social media platform X are likely to end the crypto market cycle.
Trader pointed out that he is reaching 4.2 trillion marks, which is about 26% higher than the current level, leaning on the total market cap of all digital assets.
“I think it’s over, and I think the callers are the right 25%chance.
I think we have a 75% chance we have at least one macro leg.
In any case, the market has given us the opportunity to buy the best (high time frame of many Altcoin) and many majors.
If we are traded below the previous all -time high, there is an obvious invalidation. Yes. Yes, it will be time to reconsider.
It is hard to see this and think that the entire market is weak.
Perhaps most people were in memes. Not exposed to BTC or Solana. I lost a lot. And now I think the entire market is weak. BTC + RWA (real asset) is more powerful
We are a trend. Integration/ cutting. People trade like trends. And chopped. How do I see you now? ”
Pentoshi is often considered to be a Bello tether for increasing strength in the Altcoin market. Pentoshi says that “slow changes” will be developed, so ETH can go back to $ 4,000 recently.
“What seems impossible now will be considered a guarantee later.
I don’t think ETH is bad as people now claim.
There is a slow change, but I think it is happening.
The decline over the week can be erased within a few days.
Go back to the best. ”
At the time of writing, the value of ETH is $ 3,099.
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Created image: Midjourney