1 August 2026
Popular Analyst Predicts Relief Rallies of BTC, ETH, and BNB
A popular Crypto analyst, Kaleo, said that relief rallies are approaching for Bitcoin (BTC), Ethereum (ETH), and Binance Coin.
He told his 509,000 Twitter followers that Bitcoin is currently being greatly affected by sell-pressure in the equities markets.
According to Kaleo, Bitcoin will continue trading sideways before shooting out of its range to about the $38,000 level, roughly a 20% rally from current prices.
“Doesn’t look nearly as crazy anymore as it did at $29,000.”
Currently, Bitcoin is trading at $30,550.
He also analysis Ethereum embarking on a relief rally in the coming weeks and shares the price target for ETH as well. The analyst believes ETH is poised to pull off a 26% rally in the short term.
“$2,600 ETH makes sense.”
As of now, Ethereum is trading at $2,057.
Kaleo has been also watching Binance Coin (BNB), the utility token that powers Crypto exchange Binance. According to him, the Binance Coin/Bitcoin pair (BNB/BTC) is gearing up to record a new all-time high in the coming months.
“BNB/BTC looks like it wants to make an all-time high later this summer. Pretty impressive strength in a down market.”
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.
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