A widely followed crypto analyst, known for accurately predicting last year’s pre-halving Bitcoin correction, suggests that altcoins are poised for significant rallies and may soon outperform Bitcoin.
The pseudonymous analyst Rekt Capital believes the current lack of attention on altcoins signals a potential turning point.
Rekt Capital argues that the prevailing bearish sentiment is creating ideal conditions for altcoins to surge, catching many traders off guard.
Reflecting on past trends, the analyst notes that February has been a strong month for altcoins in the past two years, speculating that 2025 could follow the same pattern.
They suggest that altcoins are currently in their “lowest hype” phase, offering prime opportunities for entry before potential peaks in April.
Focusing on Solana, Rekt Capital highlights its recent momentum, noting that SOL has reclaimed a key re-accumulation range and is now testing its ability to turn resistance at $250 into support. According to the analyst, a weekly close above $250, followed by a successful retest, could confirm a breakout and signal further upside for the asset.
A crypto analyst has suggested that Pi Network’s failure to secure listings on major exchanges like Binance and Coinbase stems from a lack of transparency regarding its token supply management.
Fidelity has taken a significant step toward launching a Spot Solana ETF, with CBOE officially filing a 19b-4 form with the US Securities and Exchange Commission (SEC).
XRP’s recent price action has been anything but stable, with short-term charts reflecting a pattern of volatility and underperformance.
dYdX, a well-known altcoin in the crypto space, has unveiled its inaugural buyback program for DYDX tokens.