Ethereum just face-planted below $4K with $115M in liquidations. But analysts are still banking on $10K, and Snorter Token is positioned to laugh all the way to the bank.
KEY POINTS:
➡️ Ethereum crashed below $4K amid $650M crypto-wide liquidations, with $ETH accounting for $115M.
➡️ Despite the bloodbath, analysts predict a bull flag pattern could push $ETH to $10K.
➡️ Revenge trading and overleveraged positions created perfect storm conditions for market chaos.
➡️ Snorter Token’s presale offers early entry before the next major crypto rally wave hits.
Ethereum just shed 4% in a day while analysts simultaneously promise it’ll hit five figures. Welcome to crypto in 2025, where price predictions don’t necessarily have to make sense.
Ethereum just crashed below the psychological $4K barrier, settling at $3,953 after what can only be described as a leveraged bloodbath. The carnage covered $650M+ in liquidations across the crypto market in just 24 hours, with $ETH traders contributing a cool $115M to that bonfire.
Yet despite the current dumpster fire, some crypto analysts are still pointing to a bull flag pattern on the weekly chart that supposedly targets $10K. In other words, it’s down bad, but apparently also moon-bound.
According to market watchers, the problem isn’t Ethereum’s fundamentals – staking participation is healthy and Layer-2 development is thriving. However, the army of revenge traders is frantically trying to recover its losses by adding more leverage.
Source: X/@Maartuun
Basically, the ‘I can fix this’ energy simply creates more liquidation fuel. Funding rates and liquidation clusters remain elevated, which is analyst-speak for ‘everyone’s still doing the same dumb thing.’
The path forward requires cleaner positioning and a stronger spot demand. Until then, we’re stuck in this bizarre purgatory where down is up and crashes predict rallies.
Snorter Token ($SNORT): A Secure, Multi-Chain, Telegram-Native Trading Bot
If $ETH can crash to $3.9K and still promise $10K, imagine what happens when traders have the opportunity to invest in the fastest, lowest-fee Telegram trading bot before it even launches.
The Snorter Token ($SNORT) bot is positioning itself as the ultimate tool for retail traders. Via Telegram chats, it will transform your DMs into a full-stack trading suite. The bot is currently in development, with the presale funding the infrastructure that’ll make Telegram-native trading as seamless as sending a GIF.
Automated swaps, token launch snipes, stop-losses, and copy-trading will be among this bot’s top features. You’ll also be able to track your portfolio without ever leaving the app. No more juggling 12 tabs while a new meme coin pumps 400% in the time it takes you to connect your wallet.
The $SNORT token powers this entire ecosystem across both Ethereum and Solana networks via multi-chain functionality.
Once live, Snorter Bot will compete directly with existing solutions but with lower fees (0.85% compared to the standard 1.5%+), faster execution, and the kind of meme energy that drives adoption in crypto.
The project has already raised over $4.8M, proving that traders are hungry for tools that actually solve real problems, like missing launches because whales jumped in before you had time to blink.
$SNORT currently costs $0.1081, and you can stake it for 107% APY. Take a look at our step-by-step guide to buying $SNORT to find out everything you need to know.
⏳ However, the presale ends in just four days. So this is quite literally your last chance to secure $SNORT at pre-listing prices before the bot launches and trading volume potentially explodes.
Secure your $SNORT tokens now while you still can.
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Source: https://bravenewcoin.com/partner/ethereum-price-prediction-10k-snorter-token-presale