Ethereum Is Ready For Rallying – Bull Market Narative Is Here

It’s been just revealed that Ethereum is getting ready for a massive rally. Check out the latest reports about the prices of digital assets below.

An investor who was able to accurately call the bottom of the current crypto bear market says there are a few key narratives that will drive the next bull market.

Chris Burniske, a partner at venture capital firm Placeholder, tells his quarter of a million Twitter followers that he sees several “hype themes” that will arise in the next crypto bull cycle.

“Obvious hype themes into next expansion:

1) bridging and multi-chain services
2) AI meets blockchain
3) appchains and sector-chains”

Burniske also mentioned the data availability layers or systems that store and provide consensus on the availability of data on a blockchain.

The former ARK Invest analyst clarifies what he means by a “hype theme.”

“Given how some are responding, I should clarify that a ‘hype theme’ is a theme experiencing its first major cycle in the limelight. It’ll have some very real protocols pursuing the opportunity, as well as many other ‘grifter protocols’ slipstreaming the theme.”

A crypto analyst who correctly called the 2018 market bottom for Bitcoin says BTC could be gearing up for fresh rallies. It’s also worth noting the fact that Ethereum (ETH) flashes a bullish signal.

Pseudonymous analyst Smart Contracter said that Bitcoin has likely completed its corrective period and could now be ready for a burst to the upside.

“Honestly think that is the low for BTC, aiming for another leg up on daily to $25,500 from here.”

Smart Contracter is a popular practitioner of Elliott Wave theory.

Just in case you didn’t know, this is a technical analysis approach that aims to predict future price action by following crowd psychology that tends to manifest in waves.