Analyst Sees Fresh Leg Higher for Ethereum Into New All-Time Highs, Predicts Multi-Trillion-Dollar Market Cap for One Tech Stock
An analyst known for his timely crypto calls believes that Ethereum ( ETH ) is now poised for a big breakout to fresh all-time high (ATH) prices.
Pseudonymous analyst Bluntz tells his 328,600 followers on X that Ethereum appears to have printed a local bottom after completing a wave four correction.
Bluntz practices the Elliott Wave theory, which states that a bullish asset goes through a five-wave rally with waves one, three and five serving as uptrends and waves two and four acting as pullback periods.
Says Bluntz,
“This ETH wave four on daily looks like it’s over with a leg higher into ATH yet to come, looking at around $5,500, but ultimately don’t think this ATH break is going to be as sensational as people expect.”
Source: Bluntz/X
At time of writing, Ethereum is trading at $4,216.
Looking outside of the crypto market, Bluntz says he’s keeping a close watch on the electric vehicle maker Tesla (TSLA). According to Bluntz, TSLA is now in the midst of a strong five-wave uptrend that could take the stock above $1,000.
“If FSD (full self-driving) gets good enough to remove the safety driver, which is inevitable and sounds like it’s not too far away, TSLA shifts very quickly from a $900 billion automaker to a multi-trillion dollar AI mobility platform.”
Source: Bluntz/X
As of Monday’s close, TSLA is trading for $443.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Impact of a 30% Increase in ICP Token Value on Investments in Blockchain Infrastructure
- ICP's 30% price surge to $4.71 in November 2025 stems from ICP 2.0 upgrades (Caffeine, Internet Identity 2.0) and institutional partnerships with Microsoft Azure and Google Cloud. - This growth challenges AWS/Azure dominance, with ICP's Fission upgrade enabling scalable decentralized storage and attracting enterprises seeking alternatives to centralized cloud providers. - However, regulatory uncertainty and market volatility (e.g., 91% drop in token transfers during dips) raise questions about long-term
The Economic Impact of Incorporating AI in Sectors Driven by Data
- Global AI infrastructure investments by tech giants like Alphabet and Microsoft are projected to reach $315B in 2025, generating $15T in economic value by 2030 through automation and analytics. - The U.S. leads with $470B in AI infrastructure funding (2013-2024), driven by cloud expansion expected to hit $3.4T by 2040, creating fragmented markets for consolidation. - Data-centric ecosystems (e.g., JHU, ICP Caffeine AI) enable pharmaceuticals and finance firms to build competitive barriers via proprietary
Internet Computer (ICP) Price Rally: Business and Academic Integration Driving Growth
Solana's Abrupt Plunge: Is This a Warning Sign for Cryptocurrency Traders?
- Solana's 2025 crash saw 11% price drop to $125.94 amid $19B liquidation, exposing systemic risks in high-speed blockchain ecosystems. - Technical vulnerabilities like centralized validator sets and thin liquidity amplified volatility, contrasting with Bitcoin/Ethereum's resilient infrastructure. - Governance flaws including token distribution bottlenecks and speculative attacks highlighted Solana's susceptibility to sudden supply shocks. - Macroeconomic pressures and leveraged positions triggered cascadi
Trending news
MoreCrypto prices
More
