12 hour ago
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Crypto Analyst Predicts Bear Market by Q1 2025 for Major Cryptos
The prices of Ethereum and Dogecoin are mirroring the decline in Bitcoin, raising concerns about a potential bear market. Despite this, crypto analyst ChainShinobi suggests an unexpected rally might occur, leading to new all-time highs for major cryptocurrencies.
- ChainShinobi indicates that while many expect lower prices, a surprise rally could happen, offering a chance for investors to exit the market before another downturn.
- This potential rally is described as an "exit window" for locking in profits amid rising bullish sentiment.
- The analyst predicts the onset of a bear market by the end of Q1 2025, contrary to current market expectations.
This analysis advises caution, suggesting the market might turn bearish when optimism peaks.
