A crypto strategist and trader is laying out his predictions for the digital asset market for the first few months of the year, including his Q1 outlook for Ethereum ( ETH ). The analyst pseudonymously known as Inmortal tells his 222,400 followers on the social media platform X that he thinks Ethereum is gearing up for rallies this quarter. The trader believes that ETH is about to follow in the footsteps of its Q1 2024 price action. “ETH about to have a good Q1.”‘ Source: Inmortal/X Looking at the trader’s chart, he seems to predict that ETH will hit a new all-time high of $5,300 by March. At time of writing, ETH is worth $3,646. He also thinks old altcoins and artificial intelligence (AI)-focused projects will ignite rallies in the next three months. “In Q1: 1. ETH outperforms. 2. SOL go +$300 3. AI coins mega-pump 4. Memes underperform 5. Dino coins have a good run.” While the analyst believes memecoins will not see huge rallies in Q1 of this year, he says that Floki ( FLOKI ) will be an exception. “High conviction on the memecoin leader. FLOKI.” Source: Inmortal/X Based on the trader’s chart, he appears to suggest that FLOKI is mirroring Pepe’s ( PEPE ) late 2023 to early 2024 price action when the Ethereum-based memecoin went parabolic after months of sideways movement. The trader seems to predict that FLOKI will hit a new all-time high of $0.0005 before the end of Q1. At time of writing, FLOKI is trading at $0.00019. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Forecasts Q1 Surges for Ethereum (ETH), Says ‘Mega Pump’ Incoming for One Crypto Sector appeared first on The Daily Hodl .
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Cardano Price Shows Promising Signals for a Potential Surge
Cardano`s price is showing strong signals for a potential upward movement. The rise in network activity reflects growing interest in Cardano`s ecosystem. Continue Reading: Cardano Price Shows Promising Signals for a Potential Surge The post Cardano Price Shows Promising Signals for a Potential Surge appeared first on COINTURK NEWS . The Daily Hodl
Bitcoin Positions for Further Gains as Sell-Side Liquidity Dries Up: Bitfinex Alpha
As 2025 begins, the possibility of bitcoin (BTC) experiencing a significant correction in this first quarter is high. However, declining sell-side liquidity suggests the cryptocurrency could also see further gains in the medium term. In the latest edition of the Bitfinex Alpha report , analysts revealed that much of the downside pressure predicted for Q1 2025 may have already eased off during bitcoin’s double-digit correction in mid-December. Because liquidity is drying up, BTC may have a more positive quarter. Bitcoin Sell-side Liquidity Dries Up According to the report, bitcoin’s sell-side liquidity is falling rapidly to multi-month lows. This tightening of available BTC liquidity can be seen in the Liquidity Inventory Ratio, a metric that measures how long current supply can meet demand. In October 2024, the indicator showed that BTC supply could meet demand for 41 months; however, it currently hovers around 6.6 months. During bitcoin’s rallies in the first and fourth quarters of 2024, the market also witnessed this type of decline in sell-side liquidity, indicating that such movements coincide with periods of strong market activity. Bitfinex analysts disclosed that BTC miners are one cohort of market participants driving the plunge in sell-side liquidity. Historically, the market has seen significant spot selling pressure from miners during halving years. This is because these entities offload their reserves and holdings to raise capital to upgrade their machinery and remain afloat as the Bitcoin network slashes their block rewards by half. However, miners have slowed their BTC sales since April 2024. Their asset flows to exchanges have declined even more rapidly since the start of 2025, indicating that they are selling fewer bitcoins. HODLing, Not Selling Noteworthily, miners recorded a slight increase in their flows to exchanges in November 2024 as BTC skyrocketed following the completion of the United States presidential elections, but they have reduced the pace of profit-taking since then. Bitcoin miners are currently in profit, which has allowed them to operate easily. They choose to hold their BTC rather than sell it. “Additionally, the Net Unrealized Profit and Loss NUPL) for miners remains very positive, hovering around 0.5, suggesting that miners are still in a strong position, with substantial unrealized profits and a preference to hold onto their BTC at this stage,” Bitfinex added. Meanwhile, miners are not the only market participants not selling their BTC; long-term holders are also HODLing. The post Bitcoin Positions for Further Gains as Sell-Side Liquidity Dries Up: Bitfinex Alpha appeared first on CryptoPotato . The Daily Hodl