A popular cryptocurrency trader believes Solana (SOL) just dodged a major downturn. They think a recent price dip below $100 was a “bear trap”—a deceptive price drop that lures in sellers before a sudden price surge.
Solana’s Bear Trap and Future Price Predictions
This trader, known as Inmortal, claims the recent dip was the biggest bear trap they’ve ever seen. They’re now predicting a significant price rally for SOL, reaching a new all-time high of $340 by December 2025. Currently, SOL is trading around $128.
Bitcoin’s Trajectory
Inmortal also shared their outlook on Bitcoin (BTC). They anticipate BTC fluctuating between $74,000 and $95,000 in the coming months before a strong rally towards the end of the year. Their prediction suggests BTC could approach $130,000 by the end of 2025. Bitcoin is currently trading at around $84,943.
Floki’s Potential Bottom
Finally, Inmortal sees potential in the memecoin Floki (FLOKI). They believe FLOKI is at a price level that could mark a major cycle bottom, citing similar RSI (relative strength index) levels to those seen 700 days ago. Currently, FLOKI is trading at $0.000057.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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