A trader who nailed the bottom of Bitcoin\u2019s (BTC<\/a>) 2018 bear market is remaining bullish on Solana (SOL<\/a>) despite its deep corrective move in the past day.<\/p>\n Pseudonymous analyst Bluntz tells his 231,500 followers on the social media platform X that Solana is the fastest large-cap coin to recover after plunging to a 24-hour low of $68.06.<\/p>\n \u201cSurprise, Surprise.<\/em><\/p>\n Guess which top 10 [crypto] recovered the fastest.<\/em><\/p>\n SOL.\u201d\u00a0<\/em><\/p>\n According to the crypto strategist, the correction shook out overleveraged traders, putting<\/a> SOL and the rest of the crypto markets in a position to end the week on a bullish note.<\/p>\n \u201cOpen interest completely wiped, early week dump after the weekly close. This was needed. We close out the week higher, in my opinion.\u201d<\/em><\/p>\n Looking closer at SOL, the trader believes that the altcoin\u2019s uptrend is far from over. The trader shares a chart that shows SOL rallying to as high as $150.<\/p>\n \u201cLegit think this leg on SOL from the $51 lows will be the largest extension we\u2019ve seen so far.<\/em><\/p>\n Don\u2019t even get me started on how I\u2019m viewing this from the bottom, you wouldn\u2019t believe me.<\/em><\/p>\n Still plenty of juice left in the tank, in my opinion.\u201d\u00a0<\/em><\/p>\n At time of writing, SOL is trading for $70.31, indicating an upside potential of about 100% if Solana reaches the trader\u2019s target.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
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