- Daan Crypto identifies a perfect hammer reversal candle on the SOL/BTC 4H chart directly on descending trendline support.
- SOL/BTC jumps 2.6% in 24 hours to 0.001504 BTC following the call, marking early confirmation.
- The pair is now +26.6% over 30 days, making it one of the strongest-performing BTC pairs while most alts bleed.
$SOL Putting in quite the reversal relative to its $BTC pair. And it’s not the only coin. Good to watch here.” — came with a clean 4H Binance chart showing Solana printing a strong hammer candle right on the yellow descending trendline that had capped the pair since early November.
Price had bled from ~28% against Bitcoin in two weeks, dropping from ~0.0020 to 0.00147. Yet at the exact moment sellers looked exhausted, buyers stepped in with rising volume — classic reversal signature.Hours later the market is proving him right.
https://twitter.com/DaanCrypto/status/1990682988871373307?t=0bWX-k83gJiK2mPZO9zt1w&s=19
SOL/BTC Sheds 28% Before Buyers Step In
SOL/BTC is currently trading at 0.001504 (CoinGecko data), marking a 2.6% gain in the last 24 hours and a staggering 26.6% rise over the past 30 days against Bitcoin — one of the strongest relative performances in the entire market while BTC grinds new all-time highs near $95K+.The broader implication is what has traders excited.When Solana leads the BTC pairs higher, money typically rotates into ETH, LINK, AVAX, and eventually lower-cap alts. Replies to Daan’s post are filled with charts of identical setups across multiple coins, with traders noting “sell pressure exhaustion” and “early strength hiding in plain sight.
On-Chain Strength Confirms the Move Is Real
”On-chain metrics back the move: Solana daily active addresses and DEX volume have quietly climbed 15-20% this past week while price consolidated, showing real usage rather than pure speculation.If SOL/BTC closes the daily above 0.00155 this week, the measured move targets 0.00170–0.00185 — that’s another 13–23% against Bitcoin from current levels, which would translate to serious USD pumps as Bitcoin stabilizes.Daan didn’t scream “alt season starts today.” He just pointed at the chart and said “good to watch here.”Sometimes that’s all it takes.The ones who listened are already green.The rest are about to find out why he has 100k+ followers for a reason.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
