SOL | Waiting on ETH for NEW ATH

Solana has barely made a new ATH - basically topping out at nearly the exact same place as the previous ATH made in Nov 2021.

As Ii said in yesterdays update on ETH, there is no way BTC makes such a dramatic new ATH and ETH (and Solana) stay behind.


We can expect SOL and ETH to increase when BTC continues to trade range above 95k. This could be another multi-month playout, although ETH usually peaks rapidly at the end of the cycle, which is noteworthy from yesterday's analysis.

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SOLUSDT BTCUSD


ALTSBTCEconomic CyclesETHSOLsolanasolanausdtSOLUSDsolusdtsolusdtlongSupport and ResistanceTrend Lines

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