Bluntz, a Master Trader on ByBit, is extremely bullish on Ethereum, even amid increasing pressure on crypto from Donald Trump.
The analyst took to X to share his views on $ETH with his 318K followers. Backed by the Elliott Wave Theory on the 4-hour chart, Bluntz believes that $ETH might hit $3.5K before mid-June. The coin is currently trading at around $2.5K.
With $BTC hitting a new all-time high last week, the crypto market looks ready for the next move up. And $ETH will almost certainly be one of the biggest beneficiaries.
Read on as we break down Ethereum’s technical chart to explain why. We’ll also go over some of the best meme coins you can buy right now to benefit from the potential upcoming surge.
$ETH on the Elliott Wave Theory
Ethereum’s Wave 1 started in early April, when the token started slowly creeping up from $1.5K to $1.7K. This move was followed by another wave (Wave 2), where the price kept fluctuating close to the new price of $1.7K.
Wave 3 was the strongest, as is the case in the Elliott Wave Theory. $ETH soon broke the $1.8K resistance and posted a whopping 50% move to reach $2.7K. Since then, however, it has been in a strong consolidation.
As you can see in this chart, $ETH is currently in Wave 4. To be precise, it’s in a consolidation triangle pattern.
Once Ethereum breaks out of this triangle at around $2.75K, we might be headed for Wave 5, which could see the price soar up to $3.5K.
Alongside Ethereum, Bluntz is also bullish on SPX6900 ($SPX), an Ethereum-based meme coin. Currently trading at $0.9069, $SPX may soon break the $1 mark and head towards $2, as shown in the chart below.
Mosesifunanya, a trader with 5.7K followers on CoinMarketCap, also published an $SPX analysis. The trader said that the positive MACD divergence supports a bullish bias, and investors should watch for confirmation above the $0.8921 resistance level.
Just like $ETH, $SPX is also in consolidation and awaiting a breakout. The relatively tight Bollinger Band width (31.62%) also suggests decreasing volatility, according to Mosesifunanya.
Overall, several technical indicators seem to be screaming bullishness for both $ETH and $SPX. The bullish bias becomes even stronger when you consider that the crypto market has regained its lost momentum in the last two weeks.
With major coins in crucial consolidation, the market is in all likelihood gearing up for the next boom.
Needless to say, this is the right time to invest. To help you out, we’ve handpicked some of the best altcoins to consider right now.
1. MIND of Pepe ($MIND) – Best Meme Coin to Buy Now for Crypto Trading Advice
It starts its research on social media platforms like X, where it stirs up engaging, context-aware conversations with the crypto community.
This way, $MIND takes the pulse of the broader meme coin market, finding out which coins are currently enjoying the most community buzz.
The crypto AI agent then combines real-time trading data, such as volume spikes and early price movements from platforms like CoinMarketCap and DexScreener, to predict the next cryptos to explode with reasonable accuracy.
To get access to MIND of Pepe’s real-time crypto investment advice, you’ll have to be a $MIND holder.
Luckily for you, the project is currently in presale (having raised $10.4M+ so far). You can still buy each token for just $0.0037515.
However, this offer ends in 4 days, as the $MIND presale comes to a close. So, now’s the moment to buy $MIND for the lowest price.
2. Moonpig ($MOONPIG) – Trending Meme Coin Ready to Rocket Further
With over 1,500% returns in less than a month, Moonpig is yet another example that a well-built combination of humor, crypto, and culture can take the market by storm.
Interestingly, Moonpig was launched with no presale whatsoever, which makes its current rally even more praiseworthy. Simply put, it entered the arena and hit a home run without any practice sessions.
Despite four-digit gains, $MOONPIG is still relatively young, and with expectations of a new crypto bull run in the air, it could probably shoot up even further.
With the broader crypto market expected to be bullish, Bitcoin will undoubtedly be the central attraction.
If you want to make the most of $BTC’s historic growth, consider investing in BTC Bull Token ($BTCBULL).
$BTCBULL is not only one of the best cryptos to buy now but also the best Bitcoin-inspired meme coin on the market today.
That’s because it’s the only one offering real free $BTC airdrops to its token holders. All you have to do to participate in BTC Bull Token’s Bitcoin airdrops is buy and hold $BTCBULL using Best Wallet.
Then, every time the king cryptocurrency powers through a new landmark, such as $150K and $200K, you’ll receive your $BTC share directly in your crypto wallet.
Additionally, $BTCBULL holders will also benefit from a periodic token supply burns. These will reduce the total supply, thereby increasing $BTCBULL’s demand and hopefully pumping its price.
If you’re a Bitcoin maximalist, joining the BTC Bull Token presale is probably the best way to cheer on the ‘digital gold.’
The project has raised over $6.3M in total and the token is selling for $0.00253, though $BTCBULL’s price could surge 230% from the current price throughout 2025.
4. TROLL ($TROLL) – Internet Trolling Has Quite the Fanbase
As the name suggests, TROLL is built from the ground up for ‘dank’ internet users who love and support online trolling culture.
Frankly speaking, in a world that has been pushing for more sensitivity on all fronts, especially online, meme coins like $TROLL suggest that crypto degens are still very much in support of ‘edgy’ humor.
$TROLL launched towards the end of April and has since then jumped over 160%.
It’s worth highlighting that this new low-cap coin underwent a slight slump last week, although it is trending again.
However, it’s worth mentioning that the crypto market guarantees nothing. It’s highly volatile and unpredictable, which is why you mustn’t jump in with all your money.
This article isn’t financial advice, and we urge you to do your own research before investing.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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