A widely followed analyst and trader who accurately predicted a Bitcoin (BTC) correction in January is unveiling one Ethereum (ETH) rival that is primed for a massive rally.

The analyst pseudonymously known as Bluntz tells his 327,400 followers on X that Solana (SOL) is forming an ascending triangle pattern on the daily time frame and the resulting “breakout is going to be epic.”

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According to the widely followed analyst, Solana is forming an ascending triangle pattern, which is typically considered a bullish pattern by technical analysts, after trading in a range for 36 days.

Source: Bluntz/X

The pseudonymous analyst further says that Solana is also starting to break out against Bitcoin on the daily time frame after trading in a range for 166 days.

“I think we could see fireworks soon.”

Source: Bluntz/X

Also bullish on Solana is the pseudonymous analyst Pentoshi. Pentoshi tells his 879,900 followers on X that Solana is set to rise against Ethereum over the short term, though he doesn’t think the sixth-largest crypto asset by market cap will reach a new all-time high against the leading smart contract platform Ethereum during the current cycle.

SOL is trading at $212 (0.001907 BTC) at time of writing, down by around 26 from its all-time high.

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