A bullish 95% of Trump’s crypto portfolio being Ethereum fuels ETH pump expectations.
Now, analysts are more eager to see ETh claim new ATH targets.
These ATH targets are set between $6,000 to $12,000 for ETH price.
The crypto market looks to be preparing to make a bullish upward surge. Presently, the price of BTC is trading over the $109,000 price range, and analysts believe it will reclaim its previous ATH soon before exploding towards hitting higher ATH targets. Expectations for ETH are just as high, and the fact that 95% of Trump’s crypto portfolio is Ethereum fuels this ETH ump expectations even further.
95% of Trump’s Crypto Portfolio is ETH
The pioneer altcoin Ethereum (ETH) is expected to pump steadily, which will eventually trigger this bull cycle’s altseason. Traditionally, every bull cycle’s altseason has always occurred in Q1 following a Bitcoin Halving event. However, this year, this pattern was broken, and instead, the crypto market experienced a prolonged bull cycle, likely caused by Bitcoin’s early pump.
In detail, for the first time ever, this bull cycle experienced BTC hitting a new ATH price before the Bitcoin Halving event. In response, the crypto market experienced an early pump for BTC, which meant a prolonged correction phase was needed to ensure that a healthy market prevailed in the months ahead. Presently, we are at this healthy stage, with most CME Gaps filled, and a parabolic pump lies ahead.
While analysts await BTC to hit new ATH prices between $114,000 and $137,000 in the coming days ahead, others are keeping a close eye on the pioneer altcoin asset, Etehreum (ETH). Now that we have entered Q3, expectations for a bullish altseason to finally begin have increased exceptionally. Most analysts are certain that this altcoin pump will only arrive when ETH price pumps.
According to CoinMarketCap data, the price of ETH is up by over 2.5% in the last 24 hours, placing the price of ETH at $2,576.62. One analyst even goes as far as to say that ETH printed a small god candle, which could be the first of many in the coming days ahead. Is it finally time for Bitcoin Dominance to waver, giving ETH and altcoins the trigger they need to hit new ATHs of their own?
ETH Price Pump Expectations Soar
https://twitter.com/cryptobeastreal/status/1941804124732878881
One of the most bullish signs for ETH price to pump at the moment is the fact that the President of the USA, Donald Trump, is bullish on Ethereum. As we can see from the post above, World Liberty Finance is showing that 95% of Trump’s crypto portfolio is Ethereum (ETH). Analysts say this adds to the bullish expectation for ETH price to soar over $6,000 and hit higher ATHs soon.
