Cryptocurrency Expert Foresees Major Bear Trap for Solana, Anticipates Record-Breaking New High for SOL by Year's End 2025
Inmortal's Bear Trap Analysis: What's Cooking for Solana (SOL), Bitcoin (BTC), and Floki (FLOKI)?
April 14, 2025
Cryptoverse Report
Hey crypto fans! Welcome to the latest edition of Cryptoverse Report, where we break down the hottest crypto news and dump some knowledge for your investing pleasure. Today, we take a peek at Inmortal's recent analysis on Solana (SOL), Bitcoin (BTC), and Floki (FLOKI). So let's dive in!
Inmortal Gives a Bear Trap Bullish Call for SOL
Pseudonymous trader extraordinaire, Inmortal, who boasts 231k followers on the social media platform X, has sparked buzz with his latest analysis on the layer-1 protocol Solana (SOL). He believes the weekly candle might have just revealed the mother of all bear traps. According to Inmortal, "That weekly candle is maybe the biggest bear trap I've ever seen, SOL."
If his predictions come to fruition, Solana will be setting the stage for a scorching rally leading up to an all-time high of $340 by the end of the year. While these numbers remain speculative, the bear trap thesis is certainly worth a thought, especially considering that Solana's price plummeted below $100 earlier this month, providing the perfect golden opportunity for short-sellers.
BTC Ride to the Moon or Chop-ville; Inmortal Decides
Meanwhile, Inmortal also weighed in on Bitcoin (BTC), predicting that the world's largest cryptocurrency would trade between $74,000 and $95,000 in the near future before experiencing a breakout rally by year's end. While he didn't reveal any exact targets, Inmortal anticipates Bitcoin to soar close to $130,000 by the end of 2025. Keep a close eye on this one, folks!
Floki's Chance at Cycle Bottom Starts Now
Lastly, Inmortal put the spotlight on the memecoin Floki (FLOKI). He thinks its current price level is ideal for potential cycle bottom creation. With the RSI (Relative Strength Index) matching levels from 700 days ago, and the price lingering at pre-bullrun levels, it's a goldmine opportunity for dog-lovers looking to accumulate some FLOKI.
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Disclaimer: Opinions expressed in Cryptoverse Report are not financial advice. Do your own research before making any investments, and be aware of the risks involved with investing in cryptocurrency.
Enrichment Data Insights:
Solana (SOL)
- Current Price and Market Cap: Solana's (SOL) price is about $128.19, with a market cap of around $76.7 billion. It has experienced a slight decline of 3.45% in the last 24 hours[5].
- Popularity and Growth: Solana has gained popularity due to its fast transaction speed and low fees. Its ecosystem is growing due to increased adoption and projects built on the platform[6].
Bitcoin (BTC)
- Market Dominance and Predictions: Bitcoin has a significant influence over the entire crypto market. While Inmortal did not reveal specific predictions for the short or medium term, various platforms like 3Commas have made Bitcoin price predictions up to $350,000 by December 2025[2].
- Adoption and Regulation: Bitcoin's adoption is increasing, and regulatory oversight is becoming more prevalent across the globe[4].
Floki (FLOKI)
- Price Performance: Floki (FLOKI)'s price currently stands at $0.000057. Its market performance is highly volatile and susceptible to market and investor sentiment[3].
- Development and Partnerships: Recent developments, such as the Floki Minibot M1 presale, and partnerships can significantly impact Floki's price and market outlook[1].
In the world of cryptocurrency, Inmortal's bullish call for Solana (SOL) suggested a potential bear trap, which could lead to a significant rally towards an all-time high of $340 by the end of the year, if his predictions come true. Meanwhile, Bitcoin (BTC) may trade within the range of $74,000 to $95,000 in the coming days, before breaking out towards a potential end-of-year price of approximately $130,000. In the memecoin market, Inmortal considered Floki (FLOKI) as an ideal opportunity for potential cycle bottom creation, given its current price level and technical indicators, such as the RSI.
