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 on their predictions of the timing of the long wick candle top of the Bull Market; nearly half of the respondents believe that this Bull Market will peak in the second half of 2025. In response, Tom Dunleavy, Managing Partner of MV Global, said that this seems to be the mainstream view and is likely already priced in by the market; does this mean that the Bull Market could end earlier?
Investors are optimistic about Solana, where will it eventually rise to?
MV Global expects the price of each BTC to reach between $100,000 and $150,000 at the top of the Bull Market. As for AltCoins, investors are generally optimistic about Solana ($SOL); the survey shows that 30% of respondents believe that Solana ($SOL) will reach a new high of $600 in this round.
Almost all the investors we interviewed are consistently bullish on Solana ($SOL) in the long term.
Where is Ethercoin?
Professional investors have mixed views on Ethereum. 33% of respondents believe that the rise of Ethercoin is limited, and it can only rise to $3,000~$5,000 before the cycle ends; another 33% of respondents expect Ethercoin to be pushed up to $7,000 during the Bull Market period.
According to TradingView, Solana ($SOL) has pumped over 120% since the beginning of the year, with a price of $224.78 at the time of writing; Ether has risen 50.49%, with a price of $3,430.96 at the time of writing. It is not difficult to see that the relative weakness in price rise is the reason for investors’ lack of confidence in Ether.
“Obviously, betting on Ethercoin to go long has become a contrarian bet.”
Source: TradingView Solana ($SOL) price increase since the beginning of the year
Source: TradingView Ethercoin price increase since the beginning of the year
Ethereum is declining? Not necessarily!
However, the views of professional investors seem to differ from those of BTC ETF issuer Bitwise. Matt Hougan, the information officer of the organization, believes that public chains such as Ethereum and Solana are trying to create a ‘public computer,’ a global database that everyone can access; but in terms of applications, Ethereum dominates almost all aspects, such as stablecoins, Decentralized Finance, and prediction markets, etc., and it occupies over half of the market share in these zones. This may mean that when institutional investors or large enterprises try to participate in the Web3 field, Ethereum is likely to be the preferred public chain.
【Disclaimer】The market is risky, and investment needs to be cautious. This article does not constitute investment advice and users should consider whether any opinions, opinions or conclusions herein are appropriate for their particular circumstances. Invest accordingly at your own risk.
‘How long will the Bitcoin bull market last? 50% institutional investors: This time is the peak, SOL is expected to triple.’ This article was first published in ‘encryption city’.