ETH and SOL: Which is farther from its 24-hour average?
At 08:17 Beijing time, over a rolling 24-hour period, on Binance spot USDT pairs: ETH was 0.72% below its 24-hour weighted average price, while SOL was 1.47% below. SOL had the larger deviation. The calculation is (current price − weighted average price) ÷ weighted average price × 100%.
A reality check first: the weighted average price is simply the center of trading activity over the past 24 hours. It is not a support level or a signal that prices will “eventually return” to it. A larger deviation only means the current price is farther from the trading center; it doesn’t mean one asset is cheaper or should be bought on the dip.
Tonight, let’s check just one thing: whether SOL is still farther from its average than ETH, and whether both are still below their respective averages.
$ETH $SOL
At 08:17 Beijing time, over a rolling 24-hour period, on Binance spot USDT pairs: ETH was 0.72% below its 24-hour weighted average price, while SOL was 1.47% below. SOL had the larger deviation. The calculation is (current price − weighted average price) ÷ weighted average price × 100%.
A reality check first: the weighted average price is simply the center of trading activity over the past 24 hours. It is not a support level or a signal that prices will “eventually return” to it. A larger deviation only means the current price is farther from the trading center; it doesn’t mean one asset is cheaper or should be bought on the dip.
Tonight, let’s check just one thing: whether SOL is still farther from its average than ETH, and whether both are still below their respective averages.
$ETH $SOL