An anonymous crypto strategist with a large following predicts that Ethereum (ETH) will experience a significant surge later this year, following the current market correction. The analyst, known as Inmortal, shares his insights with over 214,800 followers on the social media platform X. According to Inmortal, Ethereum is likely to consolidate between the price range of $4,000 and $2,800 in the coming months.

To support his prediction, Inmortal presents a chart illustrating a year-long parabolic rally for Ethereum starting in October. This rally is expected to propel ETH to a new all-time high of approximately $8,000. Inmortal urges his audience to pay attention to this potential opportunity and invest in Ethereum.

Inmortal also discusses the performance of Solana (SOL), Ethereum’s rival cryptocurrency. He believes that unless SOL can surpass $160 and establish a bullish higher high structure, it is at risk of experiencing significant price declines. Inmortal emphasizes the importance of the $120 level for SOL and hopes to see a higher high to ensure a positive trend for the altcoin.

Furthermore, Inmortal shares his thoughts on Floki (FLOKI), a meme token. He suggests that FLOKI is currently displaying a bullish setup similar to its price action in April 2024, when it briefly traded below support at $0.00016 before experiencing a rally. Inmortal predicts that FLOKI is on the verge of printing the famous deviation + retest structure.

As of now, Ethereum is valued at $2,903, experiencing a 4% decline in the day’s trading. Similarly, Solana is trading at $130, representing an 8% decrease, while Floki is worth $0.000135, showing a 10% drop in the past day.

In conclusion, the crypto strategist Inmortal expects Ethereum to undergo a parabolic surge, Solana to rally past its current resistance level, and Floki to exhibit a bullish setup. However, readers should note that opinions expressed in this article are not investment advice, and it is essential to conduct thorough research and exercise caution when making high-risk investments in cryptocurrencies.