Market on alert: Analyst points to 'generational entry' in Solana, projects Bitcoin and evaluates FLOKI

• Solana buying opportunity.
• Bitcoin: Breakout in sight.
• FLOKI pre-bullish level.

A cryptocurrency expert is grabbing investors' attention by identifying what he considers a "generational" entry point into a direct competitor to Ethereum (ETH), Solana . The recent analysis comes after a significant sell-off in the cryptocurrency market following Donald Trump's tariffs on several countries, hitting several digital assets.

Analyst known as Inmortal has shared a bullish analysis on Solana (SOL). After the cryptocurrency hit a low of $112, the trader suggested that the current momentum could represent a rare and strategic buying opportunity for long-term investors.

“It feels like a generational $SOL entry,” he said.

Feels like a generational entry $ SOL pic.twitter.com/8oI7uy6Sr8

— Immortal (@inmortalcrypto) April 3, 2025

The graphical analysis shared by the analyst draws a parallel with the behavior of the SOL token in 2021. On that occasion, SOL experienced a drop of more than 60% compared to its local peak, preceding a period of significant appreciation. This historical similarity raises the possibility of a significant recovery movement for Solana in the near future.

At the time of publication, Solana's price was trading at $114,12, down 0.7% in the last 24 hours. In one week, the asset's price has depreciated by 13.1%.

In addition to Solana, the analyst also shared bullish outlook for Bitcoin (BTC). Inmortal suggested that the market's leading cryptocurrency is preparing for a breakout and sees the possibility of regaining the $100 support level in May. While acknowledging the ambitious nature of the projection, the analyst expressed a tone of hope regarding this possible appreciation.

“Maybe this dream will come true, just maybe. $BTC,” he said. At the time of publication, the price of Bitcoin was quoted at US$82.357,40 with an increase of 0.1% in the last 24 hours.

Another cryptocurrency that has piqued the strategist's interest is the memecoin FLOKI (FLOKI). Inmortal highlighted that FLOKI's current price levels are reminiscent of a period prior to the last bull market cycle, which he considers a “crazy” scenario. Given this assessment, the analyst revealed that he has added FLOKI to his spot portfolio, indicating a prospect of appreciation in the coming months.

“Floki at pre-bullmarket levels is crazy. Added a little spot here, see you in a few months.”

Currently, the FLOKI memecoin was trading at $0,00005494 with a 2.5% increase in the last 24 hours.