A renowned crypto analyst and trader predicts that digital assets are preparing for the next phase of the bull market. Going by the name Inmortal, the analyst shares with his 214,000 followers on X social media platform that the Federal Reserve’s actions could kickstart significant rallies in the crypto space.

“In no time, we will see a surge in prices. But remember, this cycle will come to an end sooner than later. The first interest rate cut will be the catalyst for the second wave of the bull run. Stay prepared and get ready to build generational wealth in the months ahead.”

Focusing on a top-tier altcoin, Ethereum (ETH), Inmortal anticipates a potential dip before a push past $4,000.

“Expecting $3,500 – $4,100 with some volatility. The market is playing strategic moves. Keep an eye on ETH.”

In the current market, Ethereum is trading at $3,749, reflecting a 1.59% decrease in the last 24 hours.

Inmortal also highlights TokenFi’s native asset, TOKEN, a project aiming to simplify real-world asset tokenization without the need for complex coding. Comparing it to Ondo Finance (ONDO), another project in the same sector, Inmortal suggests that TOKEN could be on a similar trajectory.

“Is TOKEN about to mimic ONDO’s success?”

Analyzing the charts, Inmortal suggests that TOKEN might break through resistance at $0.16 and surge towards $0.24. Currently, TOKEN is valued at $0.137.

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