Analyst Predicts Solana (SOL) and Additional Ethereum Rival Will Pull Off Unexpected Bear Market Rallies

Analyst Predicts Solana (SOL) and Additional Ethereum Rival Will Pull Off Unexpected Bear Market Rallies


A popular crypto analyst says a number of altcoins are due for “brutal” bear market rallies as digital assets consolidate well below their all-time highs.

The pseudonymous analyst known as Pentoshi tells his 564,000 Twitter followers that crypto is still in a bear market, but that unexpected relief rallies will pop up to keep traders second-guessing.

Pentoshi uses Bitcoin’s rallies in 2018 as an example.

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“Inside a macro downtrend you will have countertrend rallies take place that end up forming macro lower highs typically on [high-time frame] charts like 3-day-1-week that forms your market structure. Some of this will be shorts closing in order to take profits and short from higher.

Which eventually leads to re-distribution after a few weeks of strong rallies 30-50% or

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