Ethereum (ETH) competitor Solana (SOL)'s nearly 45% devaluation from its 2024 highs could end up being an “opportunity of a lifetime” for long-term bulls, says a widely followed crypto analyst. states that it is possible.
Fake cryptocurrency trader Inmortal To tell 212,400 followers on social media platform ing.
“Once in a lifetime opportunity.”
Based on traders' charts, he initially expected SOL to fall to $115, where it fell on Saturday, but then reversed and moved higher towards the upside target.
At the time of writing, SOL is trading at $155.18, up nearly 9% over the past day.
Turning to Bitcoin (BTC), the trader says the crypto king may have already bottomed near $60,000. According to Immortal, bears should only expect a decline if BTC returns to the $60,000 level.
“No SFP (swing failure pattern), front run is $60,700 lower.
There's just some clumsy integration and slow grinding.
Once it's $60,000 again, it'll drop even further.
This is just my opinion. ”
Vendors too To tell The recent correction has been relatively tame, and it is only a matter of time before Bitcoin finally enters a new phase of euphoria.
At the time of this writing, Bitcoin is trading at $66,325.
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