Analyst Altcoin Sherpa, Solana, Bitcoin, known for her shares on crypto currency markets $103,918.75 and Ethereum $2,444.18He made evaluations about the recent potential movements of the period. In the new assessment of the analyst, especially in the coming years, Solana’nın as much as the previous years to show a great rise performance was not expected to exhibit. On the other hand, for Bitcoin and Ethereum, horizontal graphics and possible breaking points stand out.
Big jump expectations in Solana are low
According to Altcoin Sherpa’s analysis, solana is considered to be a low probability that Solana will re -experience the striking rise from the genre she saw in 2021 and 2024. Analyst stressed that Solana’s weekly graphs seem difficult to provide a significant superiority to Bitcoin. Solana’s stand out for this reason, it may not be possible except for short -term movements.
Altcoin Sherpa: “Apart from a few minor jumps, I don’t think Solana will leave Bitcoin behind in a longer period of time.
In the current market conditions, the left/BTC ratio follows a horizontal course and no significant change is seen. Investors are watching Solana’s stability without waiting for a huge acceleration.
Expectation of rinsing and breaking in Bitcoin
Altcoin Sherpa thinks that prices are sitting on a base after the last correction in Bitcoin. He says that price movements have long been in the same band for a long time and that an important break may be close. Bitcoin is currently trading in the range of 103 thousand to 106 thousand dollars and there was no significant change in the general trend except for short -term exit or decreases.
Altcoin Sherpa: “In my opinion, the local bottom has been formed in BTC. In the same range for about three weeks, it has been traded with the upward and downward deviations. Not much has happened in terms of price, and the only thing to do now is trying to survive in this period.”
According to the analyst, processing in existing market conditions may be risky and it may be beneficial for those who perform AL-SAT operations to be cautious. In the short term, Bitcoin’s interpretation that he can make a change of direction draws attention.
Completion and future movements in Ethereum
On the Ethereum front, the analyst said that crypto money could exhibit a horizontal movement for several months. As it was at the beginning of 2024, it is foreseen that a 90 -day stagnation period may be experienced. The convergence of the moving averages followed in the technical analysis is considered as a harbinger of a possible major price movement.
Altcoin Sherpa: “We all expect a better performance for ETH; but I think it will take a little more time. Last year, 90 days stuck here, maybe it would be the same again.”
Currently, Ethereum is traded at $ 2,501, and experts do not expect a major movement in a short time. However, after the jam in the graphs, it is among the possibilities that there may be a harsh rise.
Altcoin Sherpa: “ETH is not a moment to move on. This kind of compression often means ‘great movement is coming’.”
In the crypto currency market, volatility continues in general and large assets are generally stable except for short -term fluctuations. According to analysts, it may be important for investors to be prepared against possible major movements in the coming period. Even if the market does not show as strong as past performances, monitoring and risk management practices stand out in this process.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.