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Anonymous market expert Pentoshi shared insights on the digital asset market, suggesting that another upward movement might occur before the current cycle ends. He noted that the overall market condition is not following a negative trend.
Expert Insights
Pentoshi anticipates that the market value could rise about 26% above current levels, reaching $4.2 trillion. He stated that the market is creating opportunities for purchases by providing support levels close to previous all-time highs.
Pentoshi: “I believe there is a 25% chance the cycle may have ended. However, there is a 75% likelihood that at least one more macro increase will occur. If trading falls below previous peaks, it may be time to reassess.”
Ethereum Insights
Regarding Ethereum 
$2,622, he expressed that the current situation is not exaggerated and that a partial recovery process has begun. The analyst emphasized that Ethereum could potentially return to around $4,000 in the near future.
Pentoshi: “What seems impossible now may be viewed as a guarantee over time. Weeks of declines can vanish in days, allowing a return to previous levels.”
Pentoshi pointed to the general trend of the market, indicating that volatility and fluctuations present buying opportunities. He mentioned that the market behavior might be interpreted differently based on investors’ past experiences.
Pentoshi’s statements suggest that further upward movements may occur in the digital asset market in the short term, revealing signs of improvement in the overall market outlook. Investors are advised to closely monitor market trends.
