With the recent surge in Bitcoins (BTC) price, altcoins are starting to show signs of promise and exhibit small gains, but whether a potential spot Bitcoin ETF approval will positively impact their price remains to be seen.
Looking at the historical performance of altcoins and their respective accumulation and retest phases, certain parallels can be drawn that indicate that a potential surge in their price might be on the horizon, as per crypto analyst Jelle post on X on January 9.
“Looks like altcoins are ready for takeoff, with the ETFs right around the corner.
We’re in for a ride. Main altcoin holdings: SOL, INJ & TIA,” the expert noted.
Altcoins market capitalization historical chart. Source: Jelle
With the central altcoin holdings being based in Solana (SOL), Injective (INJ), and Celestia (TIA), Finbold has decided to delve deeper into their recent performance.
Solana (SOL)
The recent rally from BTC hasn’t left behind Solana, as it has managed to rake in notable gains
We współpracy z: https://finbold.com/top-3-altcoins-to-watch-now/