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    Home»Altcoins»‘We’re Again, Child’ – Analyst Flips Bullish on Solana (SOL), Hints at Altcoins Outperforming Bitcoin (BTC) – The Every day Hodl
    ‘We’re Again, Child’ – Analyst Flips Bullish on Solana (SOL), Hints at Altcoins Outperforming Bitcoin (BTC) – The Every day Hodl
    Altcoins

    ‘We’re Again, Child’ – Analyst Flips Bullish on Solana (SOL), Hints at Altcoins Outperforming Bitcoin (BTC) – The Every day Hodl

    By Crypto EditorJuly 1, 2025No Comments3 Mins Read
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    An analyst recognized for attaining the “Grasp Dealer” rank on the crypto change Bybit believes that rallies are in sight for Solana (SOL).

    Pseudonymous analyst Bluntz tells his 321,400 followers on the social media platform X that he’s now bullish on the native asset of the layer-1 protocol after transferring above a diagonal resistance that has stored SOL bearish since late Might.

    The dealer thinks that Solana and different cash working on its community will witness rallies this week, on the very least.

    “Good downtrend break on SOL in a single day, I believe we’re in for an excellent week [this] week. SOL ecosystem [coins] additionally beginning to perk up and look actual good once more.

    I believe we’re again, child.”

    Image
    Supply: Bluntz/X

    At time of writing, SOL is value $152.

    One Solana coin that’s on the dealer’s radar is the non-fungible token (NFT) undertaking Pudgy Penguins (PENGU). In line with the analyst, PENGU appears primed to surge after breaking out from a falling wedge construction, which is a bullish reversal sample.

    “Absolute monster breakout on PENGU right here in a single day.

    Completely wonderful chart right here and can go a lot greater, for my part.

    Wanting like a standout chief, additionally by no means had a correct value discovery run but, so anticipating this one to be a banger.”

    Image
    Supply: Bluntz/X

    Based mostly on the dealer’s chart, he appears to foretell that PENGU will hit $0.025. At time of writing, PENGU is value $0.014, up over 6% previously day.

    As Bluntz flips bullish on Solana and PENGU, he’s additionally hinting that altcoins are on the verge of outperforming Bitcoin (BTC). The dealer shares the Bitcoin Dominance (BTC.D) chart, which tracks how a lot of the crypto market cap belongs to BTC.

    Based mostly on the dealer’s chart, he appears to recommend that BTC.D is flashing a bearish divergence on the three-day chart, suggesting {that a} bearish reversal is in play. A bearish BTC.D chart signifies that altcoins are gaining worth quicker than Bitcoin.

    Says Bluntz,

    “BTC.D introduced with out remark.” 

    Image
    Supply: Bluntz/X

    At time of writing, BTC.D is buying and selling at 65.45%.

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    Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses you could incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in online marketing.

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