Economist Henrik Zeberg is once again raising the alarm over the possibility of an incoming market crash.

In his latest commentary on August 11, Zeberg claimed that global markets are currently experiencing the largest financial bubble in history.

Through an X post, the economist noted that while he expects a dramatic crash to follow, he believes the coming weeks could see explosive gains in the cryptocurrency sector before the downturn begins.

According to his outlook, the next two to three months could bring intense speculative rallies, beginning with Ethereum (ETH), followed by large-cap altcoins, and eventually meme coins.

“We have the largest financial bubble ever. And it will crash. But – we have around 10 weeks of crypto bubble fun. That means extreme rallies in first ETH – then large alts – then memes etc,” he said. 

At the same time, he cautioned that this surge is not a long-term buying opportunity but a short-lived phase of speculative euphoria.

Looking ahead, Zeberg advised traders to be highly selective and strategic, buying only when a coin shows strong momentum and exiting quickly before the eventual market reversal.

Furthermore, his analysis highlighted the importance of using market signals, such as Elliott Wave patterns and momentum indicators, to identify which assets are poised to move next and how far the rally could extend.

Bitcoin’s looming crash 

Interestingly, this is not the first time Zeberg has singled out the cryptocurrency sector for its possible role in his projected market crash. 

As reported by Finbold, he has observed that Bitcoin (BTC) is not yet a safe haven but a high-risk asset tied to tech stocks. In this case, he predicts the “Tech Bubble 2” will burst, crashing both the Nasdaq and BTC.

On the other hand, he warned that Bitcoin is part of the biggest financial bubble, fueled by easy money since 2008, maintaining that the asset is likely to see short-term gains before a sharp crash and a possible historic recession.

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