Crypto analyst Jason Pizzino predicts that Ethereum (ETH) and altcoins may soon outpace Bitcoin (BTC).
Altcoin Rally on the Horizon
Pizzino believes the altcoin market is poised for a surge, with the ETH/BTC pair leading the charge. He draws parallels to the previous Bitcoin cycle peak in 2021, where altcoins saw significant gains after a brief pullback.
Potential Breakout in May or June
Pizzino’s chart suggests that a breakout of the ETH/BTC pair could occur in May or June. He notes that historically, ETH has rallied after Bitcoin reaches a new all-time high.
Solana Poised for Similar Surge
Pizzino also predicts that Solana (SOL) will follow a similar trajectory. Despite its recent weakness, SOL has grown stronger since the last Bitcoin cycle peak. He believes SOL is now positioned for a significant surge once Bitcoin’s rally subsides.
