Crypto Analyst Predicts Doom for Solana! Is Bitcoin the Next Big Thing? 😂💸

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Ah, dear reader! Gather ’round as we delve into the whimsical world of cryptocurrency, where fortunes are made and lost faster than a sneeze in a crowded theater! A certain crypto analyst, whose name is as elusive as a shadow in the night, has proclaimed that our dear Solana (SOL) may not experience another bull run akin to the grand spectacle of 2024. Shocking, I know! 😱

In a thread that could rival the most dramatic of Russian novels, the pseudonymous trader, Altcoin Sherpa, addresses his legion of 248,700 followers on the platform X. He warns that Solana may not achieve the magnificent gains against Bitcoin (SOL/BTC) that it once did, much like a once-great actor now reduced to playing in local theaters.

“Other than a few blips here and there, I don’t see SOL outperforming BTC on any longer timeframe chart from here on out. I’m not saying Solana is dead; it’s clearly not; just that I don’t see it having a run like it did in 2021/2024.”

At this very moment, SOL/BTC is trading at a modest 0.0013768 BTC ($143), flat as a pancake on a Sunday morning. 🥞

But wait! The analyst, with the gravitas of a seasoned oracle, suggests that Bitcoin’s market correction may have reached its nadir after dipping into the $103,000 abyss. A local bottom, he claims! How poetic! 🌊

“Local bottom for BTC in my opinion.”

He further elaborates that Bitcoin is currently dancing sideways within a range, with an upper bound of $106,826 and a lower bound of $103,127. A breakout may be on the horizon, or perhaps just a mirage in the desert of despair.

“BTC pretty much three weeks within this same range with deviations on both ends (up and down). Price hasn’t done anything relatively speaking and your only job right now is to survive during this chop and not get destroyed. Best to probably not take any trades (I’ve taken a few today and lost pretty much all).”

As of now, Bitcoin is trading at $104,359, flat as a board, much like the expressions of those who have lost their fortunes. 😅

Lastly, our analyst predicts that Ethereum (ETH) may also languish in a sideways slumber for another three months, reminiscent of the 2024 pattern. How thrilling! 💤

“ETH we’re all waiting for this to outperform… going to have to wait even longer I guess. It chopped here for 90 days last year, maybe it’ll do the same.”

However, he foresees an explosive breakout for ETH as several Exponential Moving Averages (EMAs) converge, hinting at a potential trend reversal. A twist in the tale, perhaps? 🎭

“ETH probably just sit here in spot and don’t do anything. This type of compression means ‘big move coming.’”

At this moment, ETH is trading at $2,501, a number that could make one weep or rejoice, depending on their position in this grand game of chance.

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2025-06-20 21:26