Analyst Warns of Massive Bear Trap in Solana, Anticipates Solana's New Record High by Close of 2025
Cryptocurrency Insights
Let's delve into a recent market analysis from anonymous trader, Inmortal, as he sheds light on potential bullish setups for Solana (SOL), Bitcoin (BTC), and Floki (FLOKI).
Solana, currently trading around $128.19, according to Inmortal, may be setting up for a major rally to $340 by December 2025. This prediction is based on his perspective that Solana exhibited a massive bear trap in its weekly candle earlier this month, dropping briefly below $100, only to potentially initiate a strong reversal.
Moving on to Bitcoin, Inmortal believes that the king of cryptos will experience trading between $74,000 and $95,000 in the upcoming months before sparking a breakout rally toward the end of the year. He expects a pattern of bouncing to $90,000, followed by consolidation, and eventually an uptrend in the second half of 2025. According to Inmortal's chart, Bitcoin could soar close to $130,000 by year-end.
Lastly, Inmortal suggests that Floki could be at a level primed for a significant upward movement, as its RSI (Relative Strength Index) is currently at the same levels it was approximately 700 days ago, while price levels are at pre-bullrun stages.
Remember that these are only predictions, and traders should always exercise caution and research multiple perspectives before making investment decisions.
Here's a snapshot of the current market conditions:
Solana (SOL) - $128.19Bitcoin (BTC) - $84,943Floki (FLOKI) - $0.000057
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[1] Currently trading according to CoinGecko data.[2] Predictions based on Inmortal's analysis on X social media platform.[3] Market data as per CoinGecko at the time of writing (late April 2025).[4] Jelle predicts a potential test of $100,000 for Bitcoin, offering an opposite view compared to Inmortal.
- The anonymous trader, Inmortal, suggests that Solana (SOL) may rally to $340 by December 2025, based on a bullish setup he sees in its recent market behavior.
- Inmortal also believes that Bitcoin (BTC) could trade between $74,000 and $95,000 in the near future, potentially breaking out to close to $130,000 by the end of the year.
- In contrast, Floki (FLOKI) might be at a point ready for a significant upward movement, as its RSI is at the same levels it was approximately 700 days ago, while price levels are at pre-bullrun stages.
- It's important to note that these predictions should be treated as such, and traders should always exercise caution, research multiple perspectives, and consult a financial advisor before making investment decisions.
- As of late April 2025, according to CoinGecko data, the current market conditions are Solana (SOL) at $128.19, Bitcoin (BTC) at $84,943, and Floki (FLOKI) at $0.000057.
