#ETH5kNext? Analyst predicts an unprecedented bullish cryptocurrency market

In this context, analyst Miles Deutscher shared his perspective on the current market.

"The stage is set for the largest crypto bull run in history. The industry has never experienced such a set of tailwinds/change momentum so bullish," said the analyst.

First, data showed that total inflows into crypto ETFs listed in the U.S. reached approximately $12.8 billion in July.

Miles also highlighted that "the spot ETFs of BTC and ETH alone" have attracted around $17 billion in net inflows over the last 60 days. This has significantly impacted the liquidity and valuation of these assets....