While the crypto money market is released back and forth, some subcoins such as XRP Coin perform strongly. However, the performance of the leader Altcoin Ethereum remains very weak. Ethereum rival Solana has a relatively better look. However, a crypto analyst closely followed in the market says Solana has set up a bull trap for investors.
Crypto Capo sees the ‘bull trap’ in Ethereum rival Solana!
In a new strategy session, the analyst Crypto Capo Plugs, his audience at the social media platform Telegram, Ethereum (ETH), says his rival Solana seems ready to deceive the trader. In this context, the analyst said, “I think this seems to be a bull trap. Basically the same model they have applied for the last few days. Stay safe. ” says.
The analyst’s graph shows that Solana will fall to $ 140 in March and then trigger a large rally that will reach the highest level of all time. According to Crypto Capo, many altcoin can follow a similar model. Because the analyst estimates that Altcoins may fall 20-40 %before they recover quickly. In this respect, Crypto Capo shares his assessment:
Yes, I mentioned that the decline of the other day could be the last shake, but it is very important to adapt to the current conditions. Depending on the current levels, the subcoins may drop by 20-40 %in this second concussion and can potentially follow a rapid recovery. I call it ‘shaking’, because it is a mistake to make panic sales during these sudden movements. To stay calm and add to your position. Because this will be in the area of accumulation.
Analyst is waiting for a decline before the rise for BTC and ETH!
Crypto Capo also predicts that Bitcoin (BTC) and Ethereum (ETH), the leading crypto presence according to the market value, will move in the same way. CAPO’s graphics show that BTC will fall to around $ 86,000 before a new record price rise to a new record price, while ETH will fall to $ 1,800-2.100 in March before starting a rally to exceed a rally to exceed a price tag. Meanwhile, the left was trading for $ 198 with an increase of 3.35 %in the last 24 hours. BTC and ETH were changing hands at $ 96,979 and $ 2,684, respectively.
