{"id":132479,"date":"2024-07-06T07:00:52","date_gmt":"2024-07-06T04:00:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132479"},"modified":"2024-07-05T17:13:37","modified_gmt":"2024-07-05T14:13:37","slug":"crypto-trader-predicts-ethereum-surge-and-bullish-altcoin-phase","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-trader-predicts-ethereum-surge-and-bullish-altcoin-phase\/","title":{"rendered":"Crypto Trader Predicts Ethereum Surge and Bullish Altcoin Phase"},"content":{"rendered":"<p>In a recent strategy session, the analyst Altcoin Sherpa mentioned that the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">ETH<\/a><\/strong>\/<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong>\u00a0pair remains robust.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$ETH<\/a>: ETHBTC still holding up pretty strong. I still think this is a fine spot to get in before ETF- is it priced in? Probably. But ETH to all time highs is near guaranteed before the end of the year <a href=\"https:\/\/t.co\/J6c14zeKLU\" target=\"_blank\">pic.twitter.com\/J6c14zeKLU<\/a><\/p>\n<p>\u2014 Altcoin Sherpa (@AltcoinSherpa) <a href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1808621067549741396?ref_src=twsrc%5Etfw\" target=\"_blank\">July 3, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He noted that the ETH\/BTC pair is in a favorable position for long opportunities, especially with the potential approval of spot Ethereum exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission (SEC).<\/p>\n<p>Regarding Bitcoin, Sherpa states that its price is within a broad range between $73,000 and $56,000, though it appears bearish in the short term. He also mentions that a bullish phase for altcoins might start in about three months.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/how-much-will-each-investor-get-from-the-bankrupt-crypto-exchange-mt-gox\/\" title=\"How Much Will Each Investor Get From the Bankrupt Crypto Exchange Mt. Gox?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-7177601_1280-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How Much Will Each Investor Get From the Bankrupt Crypto Exchange Mt. Gox?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">High time frame <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$BTC<\/a> chart still no real clarity to be honest. The 200d EMA around range lows is appealing but the gap between price and the EMA isn&#8217;t large enough to auto bid IMO.<\/p>\n<p>Price still in a overall HTF range between 73-56k but things ofc look bearish in the short term <a href=\"https:\/\/t.co\/kTyUdNh1Nh\" target=\"_blank\">pic.twitter.com\/kTyUdNh1Nh<\/a><\/p>\n<p>\u2014 Altcoin Sherpa (@AltcoinSherpa) <a href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1808515347751858518?ref_src=twsrc%5Etfw\" target=\"_blank\">July 3, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Sherpa believes that although altcoins are currently experiencing a sell-off, a recovery might occur towards the end of the year, especially if Bitcoin stabilizes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A well-known crypto trader and analyst is feeling optimistic about Ethereum compared to Bitcoin.<\/p>\n","protected":false},"author":3,"featured_media":132478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-132479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Trader Predicts Ethereum Surge and Bullish Altcoin Phase<\/title>\n<meta name=\"description\" content=\"A well-known crypto trader and analyst is feeling optimistic about Ethereum compared to Bitcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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