Trader Predicts Rallies for Ethereum Amid Trump's Tariff Tantrum, Forecasts New All-Time High for ETH-Based Memecoin

Explore how a Master Trader on Bybit predicts a major upside for Ethereum, highlights a five-wave rally pattern, and forecasts new highs for an ETH-based memecoin amid global economic shifts.

Introduction: A Bold Crypto Forecast
The latest buzz in global crypto news comes from pseudonymous analyst Bluntz, a Master Trader on the crypto exchange Bybit. With a strong following of 318,700 on social media platform X, Bluntz has ignited discussions by forecasting new all-time highs for an ETH-based memecoin amid unexpected global financial moves.

Ethereum's Five-Wave Rally: Analyzing the Trend
According to Bluntz's analysis on the four-hour chart, Ethereum (ETH) appears to be undergoing a classic five-wave rally. This technical pattern, often used by traders to forecast market reversals, suggests a robust upward momentum that could lead to significant price bursts. The analyst believes this pattern, combined with current market sentiment, lays the groundwork for potentially explosive rallies.

Impact of Trump's ‘Tariff Tantrum’
In an intriguing twist, the forecast comes at a time when global political events are stirring the markets. President Trump's recent tariff actions—referred to by some as a 'tariff tantrum'—may inadvertently be fueling investor interest in alternative assets like Ethereum. This intersection of policy and market behavior underscores the increasingly interconnected nature of global finance and blockchain markets.

Real-World Data Supports a Bullish Outlook
Recent price trends and coin performance data point to a resilient ETH market. The rally appears to be driven by both speculative fervor and long-term confidence in Ethereum’s technology. For instance, historical movements following similar technical patterns have often led to significant surges, reinforcing the trader's bullish stance. Moreover, the remarkable recovery after previous corrections adds weight to this forecast.

Forecast for an ETH-Based Memecoin
Beyond Ethereum itself, attention is also turning to an ETH-based memecoin that is set to break records according to Bluntz’s projections. This potential new all-time high is being watched closely by both meme coin enthusiasts and institutional investors, indicating a cross-market ripple effect that could benefit a wide range of crypto assets.

Conclusion: A Market Poised for Upside
As Ethereum navigates this potential five-wave rally, traders and investors are advised to keep an eye on both technical signals and macroeconomic shifts. With insights backed by real-world data and historical evidence, this forecast highlights the dynamic blend of traditional finance and the innovative spirit of the crypto market.

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