Il Capo of Crypto on the Altcoin Market

Il Capo of Crypto, a well-known cryptocurrency analyst, discussed the current state of the altcoin market in his recent statement.

Previously recognized for his bearish outlook, he shifted to a bullish perspective after Bitcoin’s price surge, only to adopt a bearish stance again following recent developments.

In his latest remarks, Il Capo observed that many altcoins have reverted to previous price ranges after experiencing a temporary “dead cat bounce.” He anticipates further declines in prices.

Focusing on Solana, he noted that the SOL price is currently 20% below the resistance zone, with a target price range of $60 to $80.

Furthermore, he asserted that the capitulation process in the cryptocurrency market has not yet commenced, despite the fluctuation in Bitcoin and altcoin prices.

This is not investment advice.