Popular crypto analyst Inmortal stated that Ethereum (ETH) is at a critical turning point at $3,510.1. The analyst told his followers on the social media platform X that Ethereum’s price chart is similar to Bitcoin’s $98,651.0 movement in the last two weeks. Inmortal emphasized that this situation indicates a major breakout rally for ETH.

Ethereum Approaches $4,000 Resistance

New Peak Expectations in Floki and Solana

Inmortal said that Ethereum is having difficulty breaking through the $4,000 resistance level. He reminded that Bitcoin has experienced a similar scenario in the past. He stated that Bitcoin pushed the $100,000 level for a long time and then reached a historical peak. Inmortal used the following expressions for ETH: “Same price movement, but with a difference. ‘God Candle’ after the breakout. ETH.” This prediction created great excitement among investors.

Ethereum's start of a movement above the $ 4,000 level could trigger price discovery and new highs, according to the analyst. This could strengthen a serious uptrend in the crypto market.

New Peak Expectation in Floki and Solana

The analyst stated that memecoin Floki (FLOKI) is trading in a symmetrical triangle formation. He said that Floki is preparing to break the diagonal resistance of its current structure and reach new highs. Inmortal made the statement, “Second wave is loading. New peak is loading. Price discovery is loading. FLOKI.”

For Solana (SOL), the analyst stated that he expects the price to rise above the diagonal resistance and head towards $ 300. Inmortal said, “Something like this. SOL.”, drawing attention to Solana's upside potential. Solana's rise to $ 300 could support the rally of major crypto assets such as Ethereum and Bitcoin.

He predicts that if the expected movements in Solana occur, there may be a general uptrend in the crypto market.