Bitcoin and Ethereum Primed for Another Bull Run—Bitfinex Analyst Sees Green Ahead
Crypto markets are buzzing again as Bitcoin and Ethereum show signs of gearing up for another rally. According to a Bitfinex analyst, the stars—or rather, the charts—are aligning for another surge.
No fancy jargon here: when these two giants move, the altcoins usually follow. Will this time be different? Don’t bet on it—Wall Street’s still trying to figure out how to short it.
Is Bitcoin, Ethereum price set for another rally?
Notably, Ethereum may be driving the altcoin rally, suggests Kooner, noting that ETH was up 6% against BTC off local lows. What is more, Kooner states that this is not driven by retail demand, but more institutional interest.
“This is the beginning of what might become Phase 3 of the crypto bull cycle, where BTC strength stabilizes, ETH accelerates, and capital spreads out across selective altcoins,” Kooner noted about Ethereum’s recent growth.
Still, the timing of the potential rally will likely depend on the macro environment. If the Fed minutes and the PCE are favorable, this could trigger another rally.
“The underlying takeaway for traders: crypto isn’t overbought, it’s underallocated—macro just decides how quickly capital flows in,” he concluded.