Sonic (S) Shows Historical Signals of a Potential Rebound

The cryptocurrency market witnessed a significant downturn during the first quarter of 2025, with Ethereum experiencing its largest decline since 2018. This bearish trend impacted most altcoins, including Sonic (formerly Fantom – FTM), which saw a sharp 37% drop in value. However, recent technical signals on Sonic’s weekly chart suggest a potential recovery pattern.