A popular trader in the crypto community, known under the pseudonym Pentoshi, told his large audience about the expected increase in the value of Solana (Sol) and Avalanche (AVAX) coins this week. The analyst noted a decrease in the strength of bearish dominance in the cryptocurrency asset market and added that he predicts an attempt by the bulls to take control of the situation in their own hands.
The strategist’s statement read:
“To date, the FTX exchange has recorded an unprecedented high volume of sales at the lower asset prices. I think we may well see some interesting trading rallies this week.”