Crypto Bull Alert: Top Trader’s Picks Beyond Bitcoin and Ethereum – Solana, Phemex, and Rollbit Shine

• The Flow Horse is making bullish predictions for altcoins like Solana (SOL), drawing parallels between SOL’s growth trajectory and Ethereum’s early days.
• Additionally, the analyst also has Phemex and Rollbit on its radar.

The broader cryptocurrency market has continued to face some selling pressure over the past few weeks, while making a quick recovery on Tuesday, following the court’s verdict on the Grayscale vs. the SEC case.

Although the broader crypto market looks bearish for now, a pseudonymous crypto analyst known as The Flow Horse, also known as Cantering Clark, is making bullish bets on altcoins like Solana and two others citing a huge upside potential.

He believes that SOL might be mirroring the initial stages of Ethereum’s growth before ETH experienced a significant surge to reach four-digit values. “But yea, I think it is going through the same early cycle rounds as ETH,” he said.

In the previous month, The Flow Horse also drew parallels between Solana’s price movement and the early days of ETH, hinting that SOL could potentially reach new all-time highs, possibly around late 2024. He further added:

“In a private group (can’t dox Excel chart of picks or people), my pick for the best-performing coin of the bounce this year was SOL. The idea [is]that a darling of the last cycle would do very well. I shared this chart of the beginnings of ETH vs. SOL, and I still think SOL probably does more or less the same. The cheering got pretty loud for this one.”

During Tuesday’s crypto market bounce back, the Solana (SOL) price is up by 6% at a price of $21.39

Altcoins Phemex and Rollbit to Shine Through

The analyst also holds an optimistic outlook for the upcoming utility token of Phemex, a cryptocurrency derivatives exchange platform. He supports his perspective on this upcoming altcoin by highlighting the strong performance of other exchange tokens.

“There’s actually a token I’m optimistic about that hasn’t been released yet but can be mined. Phemex is set to launch a token this quarter, and my reasoning is straightforward: observe the success of other exchange tokens.”

Additionally, the analyst expresses positivity towards the native token (RLB) of the crypto gambling platform Rollbit.

“Although I’ve faced criticism for my negative posts, the only assets I’m bullish on for the long term are Bitcoin and ETH, along with new projects that are yet to enter the market. Rollbit’s token is an exception.” As of the current writing, Rollbit’s token is trading at $0.19, showing a 7.8% increase in the last 24 hours.

While the price of Bitcoin (BTC) and Ethereum (ETH) have surged after the Grayscale verdict. However, Bitcoin has broken major support levels and is unable to break past its resistance. It will be interesting to see how long does the party last.

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