Doctor Profit Touts Ethereum, Circle, and Coinbase for Bull Market Gains
Prominent analyst Doctor Profit has identified Ethereum (CRYPTO: ETH), Circle (NYSE:CRCL), and Coinbase (NASDAQ:COIN) as his top three holdings for the bull market. He presented a two-number framework in his Bitcoin (CRYPTO: BTC) report, treating $71,000 as the key support floor and $78,500 as the next major resistance. A clean break above $78,500 could push prices towards $82,000, marking the start of a full bull market escalation.
Doctor Profit pushed back on the overbought RSI narrative, noting that weekly and monthly RSI readings remain in neutral territory. He attributed the daily RSI's overheated appearance to forced short covering rather than fresh leveraged buying, leaving underlying market positioning less stretched than the indicator suggests.
Notably, Doctor Profit holds 60% ETH to 40% BTC - a first for his trading history where Ethereum outweighs Bitcoin. Since his entries, ETH is up 33%, CRCL is up 50%, and COIN is up 15%. He argued that owning all three goes beyond the current price move: Circle issues USDC (CRYPTO: USDC), Coinbase provides the regulated on-ramp, and Ethereum serves as the settlement layer underneath both.