A renowned crypto analyst predicts that Ethereum (ETH) could rise from $4,000 to $5,000 in just a few days. Inmortaltellshis, a pseudonymous crypto trader, shares this projection with his 220,900 followers on the social media platform X, stating that he expects the leading smart contract platform to achieve new all-time highs rapidly.

According to Inmortaltellshis’ chart, Ethereum is anticipated to break through the $4,800 barrier. At the time of writing, Ethereum is trading at $4,014, which is approximately 18% lower than its peak of $4,848 in November 2021.

The analyst further points out that Ethereum’s Bitcoin pair (ETH/BTC) seems to have reached a cycle bottom after finding support following a prolonged downtrend. Inmortaltellshis remarks, “Imagine being bearish after 1,300 days of downtrend. The same people who hate ETH now [are the] same people who hated [Solana] in 2022. Just my opinion.” Currently, ETH/BTC is valued at 0.03996 BTC ($4,003).

Shifting focus to Bitcoin, Inmortaltellshis believes that the crypto king will maintain its upward momentum despite a recent dip after surpassing the $100,000 milestone for the first time ever. He remarks, “$6,000 wick. That was your dip.” At the time of writing, Bitcoin is trading at $100,223.

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