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ETH

Burniske Predicts October Peak: Ethereum $6.9K–$8K, Solana $420

I note Placeholder partner Chris Burniske forecasts an October market peak, calling for Bitcoin at $142,690, Ethereum at $6,900–$8,000, and Solana at $420. He says extreme price action in August–October would strengthen conviction that October is the high.

He also argues that a quick, sustained correction and prolonged weakness could let the bull market last longer. I view these targets as aggressive — possible if momentum and liquidity align, but dependent on macro and flow dynamics.

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Analysis

The price targets are high-end, driven by bullish momentum assumptions and liquidity/flow factors; they’re plausible in a strong risk-on scenario but carry significant tail risk if macro or liquidity ...

Recommendation

Watch price action closely: consider taking profits into strength, avoid chasing late-cycle rallies, and size new entries conservatively or wait for a corrective pullback before adding exposure.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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