A crypto strategist that Solana’s (SOL) Meltdown this year accurately Timed, thinks that in the coming years will not be friendly to the popular Layer-1 protocol.
Pseudonymous Analyst Bluntz tells Are 318,400 followers on the social media platform X that he believes will spend in Deep Bear Territory for the next two years.
While Bluntz is Bearish in the long term, he predicts that the Altcoin will witness counter-trend rallies in the coming months, but notes that the Surges will probably set up Solana for an even deeper drawing.
“SOL now drops 57% of the highlights.
Now that it is cool to hate it again, I can share my thoughts without worrying about roasted by pleb answer guys.
The Rise/Bull market lasted 762 days, the bear will (at least) probably last around 70% or so. The best case will be to mid -2026 and in the worst case, at the end of 2026.
This movement is probably a wave so far and at some point there will probably be a very slow long -term complacency shoulder that will confuse most with a new bull market. “
Bluntz uses the Elliott golf theory in its analysis, which states that an active ABC correction will go through after completing an increase of five golf.
Looking at the graph of the trader, he seems to suggest that Sol will end his A-Wave recovery as soon as it goes under $ 100. He also predicts that SOL will kick off a counter-trend B-Wave Rally on its way to $ 200 beginning 2026 before he crashes around $ 80 for the C golf correction in 2027.
At that time, Bluntz predicts that Sol will launch a new five-golf rally that Solana could see above $ 300 in 2028.
At the time of writing, SOL is worth $ 118.10, almost 7% falling in the day.
Turning the US Dollar Index (DXY), a benchmark of the value of the US dollar compared to a basket of six large currencies, says Bluntz that 2025 will be a terrible year for the dominant global spare spare walk.
“Dxy is absolutely murdered this week, probably in my opinion throughout the 2025.”
Based on the graph of the trader, he seems to suggest that the DXY is now in the middle of a C-Wave correction that could take the index below 100 points.
At the time of writing, the DXY acts at 103.84 points.
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Generated image: midjourney