🔼 CryptoQuant: Most top analysts are bullish on BTC, ETH, and SOL
CryptoQuant has updated its Analyst Consensus service, which compiles forecasts from top analysts and shows how many expect prices to rise and how many expect them to fall. The service now covers 1,708 assets.
Analysts expecting prices to rise:
• BTC: 82.5%
• ETH: 84.4%
• SOL: 92.9%
Why they expect prices to rise:
• BTC: Money from large investors is flowing in, and analysts expect interest rates to fall
• ETH: It could become the foundation for payments between major financial companies
What they’re concerned about:
• BTC: The US has no clear rules for crypto, and demand is weakening
• ETH: Hacks are causing losses, and some network participants are leaving
CryptoQuant has updated its Analyst Consensus service, which compiles forecasts from top analysts and shows how many expect prices to rise and how many expect them to fall. The service now covers 1,708 assets.
Analysts expecting prices to rise:
• BTC: 82.5%
• ETH: 84.4%
• SOL: 92.9%
Why they expect prices to rise:
• BTC: Money from large investors is flowing in, and analysts expect interest rates to fall
• ETH: It could become the foundation for payments between major financial companies
What they’re concerned about:
• BTC: The US has no clear rules for crypto, and demand is weakening
• ETH: Hacks are causing losses, and some network participants are leaving
