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

by Catatonic Times
May 26, 2025
in Altcoin
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An analyst who has earned the Grasp Dealer rank on the crypto alternate Bybit believes that Ethereum (ETH) is gearing up for brand spanking new upside bursts.

Pseudonymous analyst Bluntz tells his 318,700 followers on the social media platform X that Ethereum seems to be within the midst of a five-wave rally on the four-hour chart.

Bluntz practices the Elliott Wave concept, which states {that a} bullish asset tends to witness a five-wave surge earlier than going by way of a correction.

The analyst predicts that Ethereum will nonetheless hit his upside goal of $3,500 although President Trump’s newest tariff threats are weighing down markets.

“Regardless of the trump tariff tantrum which occurred legit 10 minutes after I went to sleep, I feel ETH nonetheless seems okay and going to imagine a variety right here.” 

Supply: Bluntz/X

At time of writing, Ethereum is buying and selling for $2,478.

The analyst can be bullish on the Ethereum-based memecoin SPX6900 (SPX). Bluntz thinks that SPX is now in an uptrend and en path to a brand new all-time excessive of $2.30 by October of this yr.

“Bid some SPX. Going to try to maintain for all-time excessive.”

Image
Supply: Bluntz/X

SPX refers back to the S&P 500 index, which satirically aspires to “topple the S&P 500 by attaining a staggering $69 trillion market cap.”

Fellow crypto strategist Jack can be bullish on SPX, pondering that the memecoin will skyrocket if the S&P 500 itself explodes to a brand new all-time excessive.

“Since nothing is smart anyway, it’s most likely an excellent guess to personal SPX6900 if SPX motors to all-time excessive, as a result of effectively clearly SPX going to 6900 will seize mindshare and apparently that’s, in addition to simply liquidity beta, what individuals will argue why SPX6900 goes up.

Bullish on incels.”

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Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any losses you might incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in affiliate marketing online.

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Tags: alltimeETHBasedEthereumForecastshighMemecoinPredictsRalliesTantrumTariffTraderTrumps
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