I'm more cautious about today's $SOL pop than most people in my feed, because this move looks very different from yesterday's broad "everything up" tone.
$SOL is back in the trending list with BTC, ETH, and PUMP. US tech is soft though, Nasdaq is at 25,980.191 (-0.765%) and S&P500 is 7,652.86 (-0.280%). DXY is slightly up at 99.031 and gold is also green at 4,699.4. That usually tells me people are still picky, even when crypto headlines are loud. And the Iran-related crypto sanctions headline just makes the mood feel jumpy.
Attention is rotating into hot tickers like $SOL . Backdrop still says pick spots carefully, I'm not assuming risk is fully on.
#SOL #Altcoins #CryptoNarrative
$SOL is back in the trending list with BTC, ETH, and PUMP. US tech is soft though, Nasdaq is at 25,980.191 (-0.765%) and S&P500 is 7,652.86 (-0.280%). DXY is slightly up at 99.031 and gold is also green at 4,699.4. That usually tells me people are still picky, even when crypto headlines are loud. And the Iran-related crypto sanctions headline just makes the mood feel jumpy.
Attention is rotating into hot tickers like $SOL . Backdrop still says pick spots carefully, I'm not assuming risk is fully on.
#SOL #Altcoins #CryptoNarrative