A top crypto analyst on Bybit, known as Bluntz, is predicting big gains for Ethereum (ETH) and a memecoin called SPX6900.
Ethereum’s Bullish Outlook
Bluntz, who boasts a massive following on X (formerly Twitter), believes Ethereum is on a five-wave rally, based on Elliott Wave theory. This theory suggests a five-wave surge before a correction. Despite recent market jitters caused by President Trump’s tariff threats, Bluntz still sees ETH hitting $3,500. He’s even optimistic despite the market dip following Trump’s announcement.
Currently, ETH is trading around $2,478.
SPX6900: Aiming for New Highs
Bluntz is also incredibly bullish on SPX6900, an Ethereum-based memecoin. He predicts it will reach a new all-time high of $2.30 by October. The coin satirically aims to match the S&P 500’s market cap, a goal that would require a ridiculously high valuation.
Another crypto strategist, Jack, agrees, suggesting that SPX6900’s price is tied to the S&P 500’s performance. If the S&P 500 hits a new high, Jack believes SPX6900 will follow suit.
Disclaimer: This information is for entertainment purposes only and is not financial advice. Always do your own research before investing in cryptocurrencies.
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