the midst of the current crypto correction, a closely followed analyst, Jason Pizzino, has pinpointed altcoins exhibiting relative strength as the most likely candidates to print new highs this year. Pizzino, who has a significant following on social media platform X, is keeping a close eye on altcoins displaying bullish higher low setups. He believes that these altcoins will be the first to break out into new, fresh highs and/or all-time highs in the second half of 2024.

In a recent video update, Pizzino shared his list of altcoins that are faring better than others amidst the crypto correction. While he highlighted several strong altcoins, two stood out in particular: Solana and Pendle. According to Pizzino, Solana's ability to hold its higher lows makes it an attractive option, while Pendle's reasonable weekly close above the 50% mark at $5.60 is a promising sign.

Pizzino views the current altcoin meltdown as an opportunity for long-term investors to load up on good projects in anticipation of a rally later this year. He emphasizes that deep drawdowns have occurred in the past, but strong altcoins tend to witness massive gains once the dust settles. Solana, in particular, has a history of bouncing back from significant drawdowns, making it a great option for those with a long-term perspective.

The current market conditions may seem bleak, but Pizzino's analysis offers a glimmer of hope for investors. By identifying altcoins with relative strength and bullish setups, investors can position themselves for potential gains in the second half of 2024. As Pizzino aptly puts it, "It's happened before. We got there in the end. Solana, I think, is a great one. If you don't have the belief, have a look back at some of these charts that did drop 80% over the course of four to six months... and then how they have boomed from that time. And that boom can last quite some time."

In conclusion, Jason Pizzino's analysis offers a beacon of hope for investors amidst the current crypto correction. By focusing on altcoins with relative strength and bullish setups, investors can potentially capitalize on new highs and all-time highs in the second half of 2024. Solana and Pendle, in particular, are two altcoins that have caught Pizzino's attention, and investors would do well to keep a close eye on their performance in the coming months.