One of BTC’s most noted critics is suddenly suggesting investors should buy Bitcoin.
In a recent X post, renowned economist Peter Schiff is suddenly in favour of holding BTC. However, he does have a new target in his crosshairs: Ethereum.
As ETH approaches the $4,000 resistance level, Schiff claims that its explosive rally is nearing an end.
Ether is back near the upper end of its trading range again. If you own any, this is a great time to sell. As much as it pains me to say, selling Ether and buying Bitcoin with the proceeds is a better trade than holding Ether.
— Peter Schiff (@PeterSchiff) July 21, 2025
However, Schiff’s criticism isn’t sitting well with Ethereum bulls, and even Bitcoin maxis are taking shots at his ETH analysis.
Safe to say, the consensus among smart money investors remains that the real Ethereum bull rally will start once it breaches the $4,000 resistance.
Whales continue to stack ETH, as well as high beta coins like Ethereum meme coin. Besides Pepe and Floki, low-caps like TOKEN6900 are in high demand as well.
Why Pete Schiff’s Ethereum Price Prediction Is Wrong?
Schiff says sell Ethereum, buy Bitcoin. However, even Bitcoin maxi and Into The Cryptoverse co-founder Benjamin Cowen isn’t buying Schiff’s thesis.
Highlighting the ETH/BTC chart, Cowen reveals that Ethereum’s 4-year-long underperformance against Bitcoin is over. The ETHBTC trading pair has successfully defended a key support level and is seeing a strong rally since.
BitMEX co-founder and prominent crypto influencer Arthur Hayes also took a shot at Schiff, hinting that he is massively bullish on ETH.
Bankless HQ’s Ryan Sean Adams is calling Schiff’s criticism “the most bullish tweet of the year”, considering it feeds into what many are calling the most hated rally. The term refers to Ethereum’s sharp price rally despite widespread disbelief, underexposure, and aggressive short positioning, forcing skeptics to watch from the sidelines as prices climb.
Meanwhile, experts continue to believe that Ethereum will breach the $4,000 resistance with relative ease. $10,000 is emerging as a consensus year-end price target for Ethereum, while BitMine Chairman Tom Lee has made a case for $15,000 in 2025.
Best Ethereum Meme Coins To Buy
Smart money investors are viewing Ethereum meme coins as high-leverage bets on ETH.
If the Ethereum price truly hits $10,000, it wouldn’t be a surprise if Pepe’s valuation appreciated to the $20 billion to $30 billion range in this bull cycle.
Similarly, legendary traders like Bluntz and The Bonk Guy continue to be bullish on Floki as well.
Bluntz is on point! 🤝️️️️️️$FLOKI looks incredibly bullish on literally all timeframes right now
this is not the kind of strength you want to fade
it's also amazing to see how strong and consistent floki has been in running alongside the shiny new memecoins of this… https://t.co/Dbzwik2gT6 pic.twitter.com/1OfC6zbT5A
— Unipcs (aka 'Bonk Guy') 🎒 (@theunipcs) July 21, 2025
Even new Ethereum meme coins are in high demand. TOKEN6900 (T6900) has raised nearly $1 million in its viral ICO in just a few days, with many backing it as the next SPX6900.
TOKEN6900 brands itself as a no-utility meme coin, proudly rejecting conventional narratives around real-world use cases or AI integrations. Its whitepaper calls the token a “consciousness parasite” that tracks “vibe liquidity,” not fundamentals.
The project leans into internet culture, nostalgia, and community support rather than utility. This may be the winning formula, as evident by the success of Fartcoin, SPX6900 and even Pepe and Dogecoin.
Moreover, T6900 is a low-cap gem, with a $5 million hard cap on its presale. Unsurprising, smart money investors have invested early and are eyeing outsized returns, with many calling it the next 100x crypto.
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