A well-known crypto strategist and trader predicts that digital assets are preparing for the next phase of the bull market. Going by the name Inmortal, this analyst shares insights with his 214,000 followers on the social media platform X, suggesting that the Federal Reserve could kickstart significant rallies in the crypto market.

Inmortal advises followers to stay prepared for the upcoming surge, highlighting that the first rate cut could trigger the second round of the bull run. He emphasizes the potential for generational wealth to be created in the months ahead.

One of the top altcoins catching Inmortal’s attention is Ethereum (ETH). The analyst anticipates that ETH might experience a slight dip before climbing above $4,000, with a range of $3,500 to $4,100 in view. The market’s current behavior suggests a strategic approach, as indicated by Inmortal’s message regarding ETH.

In the latest update, Ethereum is valued at $3,749, showing a decrease of 1.59% over the past day.

Additionally, Inmortal is monitoring the native asset of TokenFi (TOKEN), a crypto project focused on simplifying the tokenization process of real-world assets (RWA) without the need for coding. Comparing TOKEN to Ondo Finance (ONDO), another project in the RWA crypto niche, Inmortal sees potential for TOKEN to mimic ONDO’s trajectory.

Observing Inmortal’s chart, it appears that TOKEN could break through resistance at $0.16 and surge to $0.24. Currently, TOKEN is priced at $0.137.

For the latest updates, readers are encouraged to subscribe for email alerts and follow on X, Facebook, and Telegram to stay informed about price movements. Remember to conduct thorough research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets, as all transfers and trades carry inherent risks. The Daily Hodl does not provide investment advice and participates in affiliate marketing.