In the same week, $BTC and $SOL have taken very different kinds of hits.
$BTC is down 14.37% over seven days, with the current price around $64,900—nearly half off its previous high of $126,080 last October. It has bounced more than 4% from this morning’s low of $62,006.
$SOL is down 19.91% over seven days, with the current price around $71. It hit an intraday low of $68.6 and at one point fell 12.4% in 24 hours.
When Bitcoin falls, the whole market tends to follow. When SOL falls, it also has to shoulder the added selling pressure from altcoins, making a bounce more difficult.
#TokenAnalysis
If you’re holding only SOL, would you buy more at this level or wait?
$BTC is down 14.37% over seven days, with the current price around $64,900—nearly half off its previous high of $126,080 last October. It has bounced more than 4% from this morning’s low of $62,006.
$SOL is down 19.91% over seven days, with the current price around $71. It hit an intraday low of $68.6 and at one point fell 12.4% in 24 hours.
When Bitcoin falls, the whole market tends to follow. When SOL falls, it also has to shoulder the added selling pressure from altcoins, making a bounce more difficult.
#TokenAnalysis
If you’re holding only SOL, would you buy more at this level or wait?