I’ve been looking at many charts and seeing a repeating pattern; many pairs are trading right at resistance, at the top of the range.
This same rising triangle we see on SOLUSDT was present in another pair, and many other charts look similar.
The altcoins market is pushing higher, trying to break a local resistance zone. You know what happens when this level breaks don’t you? Wave 3 of the bullish cycle, normally the strongest wave, starts.
Wave 5 is still missing of course but it normally tends to be an extension of the third. Sometimes wave 5 can become much bigger than wave 3 but right now we still don’t know how things will develop in this current bullish cycle. In general, wave 3 is always the strongest one.
So there is the possibility that we are right in front of the strongest period of bullish action in the entire 2025-2026 Cryptocurrency bull market.
Summary
Solana is going up. Even if prices drop, the end result of the drop would be a higher low, which implies higher prices next.
Regardless of the short-term, SOLUSDT is set to move higher. This statement is supported by market data.
Thank you for reading.
Namaste.
