‘It’s Over’ – Trader Issues Dire Solana Warning, Says SOL Flashing Same Bearish Signal As 2021 Meltdown

A intently adopted analyst who is called a ‘grasp vendor’ on the Crypto Trade Bybit, warns that Solana (SOL) has printed a market dominance sign much like what was noticed throughout the 2021 cycle.

Pseudonym analyst Bluntz tells his 314,900 followers on the social media platform X that Solana flashes a bearish divergence on the 2 -week graph.

Merchants hold a detailed eye on Beerarish Divergencies, particularly on the increased time period, as a result of it means that an lively momentum loses, though the value rises or goes sideways.

Says Bluntz,

“Dropping Sol $ 220 is basically dangerous for my part.

The ABC of the highlights and makes it look extra impulsive and appears as if there’s a bearish-divigence with two weeks of divergence in 24 hours, and it wants an absolute miracle to save lots of that.

In my view it’s over. ”

In his newest SOL evaluation, Bluntz notes that Solana printed the identical Beariskiensies sign on the two-week graphs on the finish of 2021, simply earlier than Sol collapsed from a peak of roughly $ 260 to a low of the $ 8 bear market.

“It has printed.

The final time we noticed one, drum roll … 2021. ”

On the time of writing, Sol acts for $ 196.71, a lower of greater than 7% within the final 24 hours.

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