SOLUSDT Binance D
2025-02-06
Category: None

General 2025 

SOL mcap: $97B, sol px = $201

Visa mcap: $674B (6.9x, SOL px = $1,386)
Mastercard mcap: $519B (5.3x, sol px = $1,075)
AMEX mcap: $222B (2.23x, sol px = $460)

Tailwinds
- SOL ETF 
- Firedancer goes live on mainnet
- largest number of dev in crypto (?)
- largest gainer in 2024
- AI agents moving onto SOL(?)

Headwinds
- largest gainer in 2024, can it continue(?) 
- memecoin mania cool down(?)
- $trump launch, to sell and buy ETH <<< biggest concern. 

========================
PA
- awkward looking double top, without a clear neckline. 
- bounced off support & 0.382 today
- 11 & 22 MAs looking to cross 50sma

OBV
- scares me a bit, as its been on a downward trend. 
- needs to reclaim support!!