sol at 89.35 is the whole story right now
$SOL down 7.05% in 24h, $ETH down 8.56%, xrp down 9.63%
when the majors bleed in one direction nobody is rotating, everybody is de-risking
that is the part the sol bulls keep skipping
my take is sol has to stop tracking eth tick for tick before any of the old narratives come back
watch whether the bounce is btc led or sol led, that tells you real bid versus squeeze
not calling a bottom, just saying the flush is macro and the chain is not the reason
$SOL down 7.05% in 24h, $ETH down 8.56%, xrp down 9.63%
when the majors bleed in one direction nobody is rotating, everybody is de-risking
that is the part the sol bulls keep skipping
my take is sol has to stop tracking eth tick for tick before any of the old narratives come back
watch whether the bounce is btc led or sol led, that tells you real bid versus squeeze
not calling a bottom, just saying the flush is macro and the chain is not the reason
