Famous Cryptocurrency Analyst, the Head of Crypto, Made an Update on What to Expect in Altcoins!

One of the renowned analysts in the crypto world, il Capo of Crypto, spoke about the altcoin market in his statement.

An analyst known for making bearish statements for a long time in the past, but who made bullish statements after the price of Bitcoin reached an undeniable level of increase, has turned back to a bearish stance following recent developments.

In his latest statement, the Chief claimed that many altcoins have currently retreated back to their old levels following the recent "dead cat bounce" movement, and that much lower prices are likely.

A cryptocurrency analyst who shared an update specifically about Solana stated that the current price of SOL has shown a 20% decline from the resistance zone. Additionally, the analyst mentioned that the main target price level for Solana is between 60 and 80 dollars.

The analyst claimed that the capitulation process in the cryptocurrency market had not yet begun during the period when Bitcoin and altcoin prices fell before recovering.

*This is not investment advice.

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