A crypto analyst, Ali Martinez, shared his predictions for Solana, Bitcoin, and Ethereum.
Solana’s Potential Plunge
Martinez believes Solana (SOL) could see a significant drop. If it doesn’t break through the $138 resistance level, he predicts a potential 48% fall, hitting a price as low as $65. Currently, SOL is trading around $125.
Bitcoin’s Key Support Level
For Bitcoin (BTC), Martinez highlights a crucial support level around $82,024. He points to on-chain data showing significant accumulation at this price, suggesting potential buyer interest if the price drops. Bitcoin is currently trading near $84,000.
Ethereum’s Bullish Signal
Martinez is more optimistic about Ethereum (ETH). He sees a potential “major rebound” based on a bullish signal from the Tom DeMark (TD) Sequential indicator. He also notes strong accumulation around a key support level of $1,546.55. Ethereum is currently trading above this level, at around $1,582.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before making any investment decisions.
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