ETH and SOL: Which is farther from its 24-hour average?
At 08:16 Beijing time, across Binance spot USDT pairs over the rolling 24-hour period: ETH’s current price was 0.11% below its own 24-hour weighted average, while SOL was 0.14% below. Both are below their averages. SOL is farther from its average this time, but only by a small margin.
Checking the condition from the October 31 morning post—“Is SOL still farther from its average than the other one?”—it still holds this time.
A reality check: the weighted average is the center of trading activity, not a support level or a magnet. Being farther from it doesn’t mean an asset is cheap.
Tonight, we’re checking just one thing: Is SOL still farther from its average than the other one?
$ETH $SOL
At 08:16 Beijing time, across Binance spot USDT pairs over the rolling 24-hour period: ETH’s current price was 0.11% below its own 24-hour weighted average, while SOL was 0.14% below. Both are below their averages. SOL is farther from its average this time, but only by a small margin.
Checking the condition from the October 31 morning post—“Is SOL still farther from its average than the other one?”—it still holds this time.
A reality check: the weighted average is the center of trading activity, not a support level or a magnet. Being farther from it doesn’t mean an asset is cheap.
Tonight, we’re checking just one thing: Is SOL still farther from its average than the other one?
$ETH $SOL
