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Changes in the Crypto Market: Expectations for Solana, Bitcoin, and Ethereum

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by Giorgi Kostiuk

4 hours ago


Analyst Altcoin Sherpa shares his forecasts for the movement of Solana, Bitcoin, and Ethereum in the near future.

Low Expectations for Solana

According to Altcoin Sherpa, Solana's chances of significant increases against Bitcoin, similar to those in 2021 and 2024, are very slim. The analyst emphasizes that on a weekly chart, Solana struggles to gain significant ground compared to Bitcoin, limiting its gains to the short term.

Calmness of Bitcoin and Breakout Expectations

Altcoin Sherpa believes Bitcoin has found a base following the recent correction. Prices remain within the same range, suggesting a potential breakout may be near. Bitcoin is currently trading between $103,000 and $106,000, with minor price changes.

Ethereum's Compression and Future Trends

The analyst predicts that Ethereum may continue its horizontal movement for several more months. A stagnant period similar to the 90-day phase at the beginning of 2024 is anticipated.

Overall, the overview of the crypto market shows volatility, with major assets remaining stable, while possible significant changes are expected in the future.

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