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A well-known market analyst recently shared his latest views on cryptocurrencies and global assets, believing that the entire crypto market remains in a long-term upward cycle with 5 to 10 years of growth potential ahead.
Regarding digital assets, he is quite optimistic about Ethereum's future prospects. While his short-term target is set between $7,000 and $9,000 by early next year, he sees a greater opportunity in pushing towards the $20,000 mark. As for Bitcoin, his outlook is more aggressive — he believes Bitcoin will gradually succeed gold in status, with a long-term target of $200,000.
Turning to traditional stock markets, the analyst remains bullish on the performance of tech giants, including Microsoft, Apple, Amazon, Google, Meta, NVIDIA, and Tesla. Especially regarding Tesla, he states his position is very firm — he will definitely not sell, mainly because he is confident in its leadership's execution and innovation capabilities. Overall, he is very optimistic about the medium-term prospects of the entire crypto and tech sectors.