A crypto analyst known as Kaleo predicts that Solana (SOL), a competitor to Ethereum (ETH), could first drop by over 36% before rallying to new all-time highs. He suggests that SOL could dip to around $80 and then rise past $263. Kaleo also warns that Bitcoin (BTC) could drop to around $42,500, a decline of over 21% of its current value. However, he believes that Bitcoin may have a massive breakout after the US presidential election in November and could exceed $88,000 in early 2025.
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