Date: Sat, May 03, 2025 | 09:05 AM GMT
After a rough start to 2025 — where even Ethereum (ETH) tanked by 45% in Q1 — the crypto market is finally flashing signs of life. ETH has already rebounded over 30% from its April 7 low, and that renewed bullish momentum is starting to spill over into other major altcoins.
Among them, Solana (SOL) is quietly building what might become its next explosive move.
After plunging in Q1, $SOL has surged 24% over the past 30 days, narrowing its year-to-date loss to 21%. But beyond just a short-term bounce, a striking fractal pattern is now forming on the chart — and it could hint at what comes next.
Source: Coinmarketcap
SOL Mirrors BTC's Past Setup
As highlighted in a recent analysis by @inmortalcrypto, Solana appears to be mimicking Bitcoin’s exact price structure from early 2024.
BTC and SOL Fractal Chart/Source: @inmortalcrypto (X)
Back then, Bitcoin faced repeated rejections from an ascending resistance trendline, followed by a sharp fakeout breakdown (blue shaded area) that took it to a low of $38,500. But what came next was impressive: a massive bounce that led BTC to rally more than 90% to $73,000 within just a few months.
On the right side of the chart, SOL is following an eerily similar path — multiple rejections from a trendline, a fakeout low at $97.39, and now a recovery to around $148.
What's Ahead?
If SOL continues to track Bitcoin’s fractal closely, it could be on the verge of a major breakout — possibly sending its price as high as $500 in the coming months. That would represent a 237% gain from current levels, marking one of the strongest altcoin moves of 2025.
While fractals don’t guarantee outcomes, they often offer insight into market psychology and repeating patterns. And this setup suggests bulls may be loading up before the next leg higher.
For traders and long-term investors, this is one chart worth watching closely.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
