Ansem: Has swapped part of SOL holdings into PUMP and is bullish on its future performance, Q4 crypto market overall leans bullish

Odaily News: Crypto trader Ansem posted on X platform stating that he recently swapped part of his Solana (SOL) holdings into PUMP, betting that PUMP will subsequently surge above $0.01. He noted that PUMP breaking its all-time high would open up higher valuation space for newly issued tokens. Since this summer's lows, PUMP has risen approximately 5x and is still undervalued, with its long-term accumulation phase and buyback mechanism still ongoing, while its cross-chain mobile app is gaining more attention.

Additionally, Ansem stated that BTC, ETH, and SOL have all recently held their range highs, with relatively healthy price action. Although no large-scale liquidation event has occurred yet, most market participants remain in wrong positions, and further upside is expected. Altcoins have entered different cyclical stages, with ZEC, HYPE, and PUMP being the three major trend assets he is currently most focused on. Among them, ZEC has performed exceptionally well over the past year, rising from approximately $40 in September 2025 to a range of $400 to $1,600 in Q3 2026, with market cap growing from about $500 million to $20 billion. It has now entered a high-volatility phase similar to the 2017 BTC cycle, potentially experiencing more dramatic rallies and pullbacks.

Regarding the Q4 crypto market outlook, Ansem's overall judgment leans bullish. He believes October may see a pullback and open interest (OI) flush, but the market is still in an early bull phase. Chasing rallies with high leverage carries high risk, while high-conviction spot positions are relatively more advantageous.