Experienced trader Peter Brandt has indicated that Bitcoin (BTC) 
$98,290, Ethereum (ETH) 
$3,453, and Solana 
$198 (SOL) show signals for potential increases. His comments on social media have captured the attention of many. It is essential for traders to conduct their own research, as strategies based on such assessments may lead to losses.
Bitcoin’s Consolidation Process
Brandt shared a chart showing BTC surpassing its pattern resistance level. However, he noted that Bitcoin must cross the approximately $74,000 threshold to officially enter a bullish territory. Brandt stated, “It continues the seven-month inverted expanding triangle formation. The series of lower highs and lower lows since March 2024 has yet to be violated.”
“Long Bitcoin is my largest speculative position.” – Peter Brandt
Brandt mentioned that Ethereum broke a bullish reversal pattern on the daily chart, indicating that ETH has completed a head and shoulders (H&S) formation. He added, “The ETH closing price chart shows an inverted H&S formation. I do not have a position in ETH.”
Solana’s Cup and Handle Formation
The trader observed that Solana (SOL) exhibits a cup and handle formation. This structure suggests that the asset is taking a pause before potentially rising.
“SOL is likely showing a cup and handle with a rectangle as the handle. I do not have a position in this cryptocurrency.”
Brandt emphasized that Bitcoin, Ethereum, and Solana are currently preparing for the most intriguing chart developments. He also noted other significant charts, including comparisons of Silver with Bitcoin and gold.
Brandt anticipates upward movements in Bitcoin prices, which could positively impact other altcoins. Signals from the three altcoins indicate that tedious days may soon be over.
