Experts are weighing in on the potential upside of Ethereum (ETH), Chainlink (LINK), and IntelMarkets (LINK) as the crypto market faces shifts in investor sentiment. While Ethereum struggles to regain its previous highs, Chainlink shows increased social dominance.
Meanwhile, IntelMarkets stands out as it offers traders new opportunities with perpetual futures contracts and high leverage. Let’s find out which crypto is the best to buy now!
Most ETH ETFs Experience Outflows
Crypto news reports that BlackRock is the only major institutional buyer of Ethereum amidst declining interest in Ethereum-based ETFs. They have acquired 336,058 ETH, worth $763.95 million, while other ETFs experienced $480 million in outflows within 30 days of their launch.
Experts say that BlackRock has long-term optimism for Ethereum’s future. However, ETH has struggled to reclaim its record high of over $4,800 for three years, remaining 53% below that peak.
In addition, analysts warn that Ethereum could face deeper losses, with the price falling below $2,000 if current trends continue. Key factors driving this bearish outlook include whales selling off Ethereum since July.
Chainlink Metrics Shows Social Dominance
Chainlink’s native token, LINK, has dropped by 2.7% in the past month, but there are signs of optimism.
According to Santiment, LINK’s social dominance has been on the rise, reaching its highest level in 2024. This increase in discussions about LINK, despite its price volatility, suggests continued interest in the token.
At the same time, the number of LINK holders has decreased, with a drop of 1,867 wallets over the past month. While smaller investors are exiting, the rising social dominance alongside declining holders suggests more engaged investors may still have confidence in the token.
Meanwhile, technical analysts say if LINK continues to trade between $10 and $12 and closes a session above $10.5, it could move toward the $15 resistance level. With support around $10, the token’s short-term momentum is bullish. Also, its RSI of 51 indicates it still has room for further upward movement.
IntelMarkets Transforms Crypto Trading with No-Expiry Perpetuals Contracts
IntelMarkets is a crypto trading platform offering advanced tools for trading perpetual futures contracts. Unlike traditional futures, these contracts don’t have expiration dates, allowing traders to hold positions for as long as they want.
This flexibility lets users adapt their strategies to changing market conditions. For example, if a trader believes that Bitcoin’s price will rise in the next few months, they can hold a long position indefinitely without worrying about a contract expiration.
In addition, IntelMarkets offers high leverage options, up to 1000x, meaning traders can amplify their potential profits. However, this comes with risks like liquidation, where positions are automatically closed if the market moves against them.
To help users manage these challenges, IntelMarkets provides tools like self-learning trading robots that use AI to optimize trading strategies and automate processes. It also offers copy trading, where users can follow the trades of expert traders, benefiting from their experience and approach.
What’s more, IntelMarkets has launched the presale of its native tokens, INTL, to build a strong community and give traders an opportunity to realize up to a staggering 1,100% gains!
INTL is Heating Up for a 10,000% Price Jump!
In Stage 1 of the INTL token public presale, over 30 million tokens have been sold at the price of $0.009 per token. Only 53 million tokens are left before entering Stage 2. And if you are concerned about the authenticity, the project gives peace of mind as it has been fully audited.
Amazingly, experts predict a potential 10,000% surge in value once INTL is officially listed on major exchanges at the end of the presale. Experts say that even a $100 investment into INTL could change investors’ lives. Therefore, hurry up and grab the opportunity!
Discover More About IntelMarkets:
- Presale: https://intelmarketspresale.com/
- Telegram: https://t.me/IntelMarketsOfficial
- Twitter: https://x.com/intel_markets
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.