Observant crypto traders believe the bullish market narrative for digital assets is stronger than artificial intelligence (AI), which could push altcoins to new all-time highs (ATH).
Pseudonymous trader Cryptopole told his 105,900 followers on social media platform He said it was sexual.
“In my opinion, RWA remains the biggest story of this cycle, even more so than AI. The very concept of RWA is based on blockchain and is the true financial revolution that has been hypothesized for years since the birth of Ethereum. That's why it's tokenized.
The analyst also predicts a major breakout of Ethereum (ETH) against Bitcoin (ETH/BTC), which also marks the beginning of a historic breakout in the broader altcoin market. I believe that.
“The stars are aligning on ETH/BTC, kicking off the biggest altcoin season in history…
ETH/BTC double bottom. Do you prepare ~? “
Looking at the weekly chart, the analyst believes ETH/BTC is forming a bullish double-bottom pattern around the 0.046 BTC ($3,118) level. A double bottom pattern in technical analysis often suggests that an uptrend is coming after a period of decline.
ETH/BTC is trading at 0.0466 BTC ($3,148) at the time of writing, up more than 1.4% in the past 24 hours.
Never miss a beat – Subscribe to get email alerts delivered straight to your inbox
Check price action
follow me XFacebook, Telegram
Surf the Daily Hoddle Mix
 
Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors should perform due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that transfers and transactions are made at your own risk and you are responsible for any losses you may incur. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets. The Daily Hodl is also not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: DALLE3
