SOL short
2024-09-25

In continuation of more general overview (see "Related publications" below)

Expecting the SOL/BTC SOL/USDT pairs to correct together with the market correction, but with much higher amplitude. SOL/BTC is still standing strong compare to overall alt/btc pairs, and the ecosystem.. well, i see the similarities to the XRP behaviour and high value during initial crypto run for example. overall - overvalued. Thus, the correction on BTCUSDT equals to the correction on SOL/BTC,  SOLUSDT pair to drop into 60-70 range, prob lower.