SOLUSDT SPOTShort
You said "SOLANA NETWORK", I said "SOLANA NOTWORK"...
You said "SOLANA NETWORK", I said "SOLANA NOTWORK"...
There was a drastic move for more than 40% without any corrections. Strange thing is that during such a huge moves, solana quite often goes down. This time it was working perfectly, which is kind of "strange". This gives to me the sign, that it could be only the start for the "things goes wrong way completely". Also, for the SAGA2 the team has collected more than 45bln$ on 100 000 preorders, while mcap. is 65bln$ at the moment.
After that, the different projects have airdropped to the people who preorder, in total more than the preorder price of the SAGA2. Strange to be so generous for the NEW projects/tokens/memes as there is no direct interest for them + you need to have quite big capital to do the charity like that. From the logic point of view, it looks like solana stands behind all that projects who has dropped more than 10$ per user.
So, from where to take the money to cover that airdrops, if the users has received more than 45bln$ as an airdrop?
I suppose, that in next strong move, we will see the network to goes down for a while in order to push to sell.
As we look on the chart, after the 40% move down, we are sitting exactly below the pierced level where the reaction was quite strong from it. Targets are marked on chart.
Guess we will see some accumulation, but think that it will be short.
After that we will continue digging down in search of the budget.
Thoughts above - it is only my opinion, and not a financial advice.
DYOR
There was a drastic move for more than 40% without any corrections. Strange thing is that during such a huge moves, solana quite often goes down. This time it was working perfectly, which is kind of "strange". This gives to me the sign, that it could be only the start for the "things goes wrong way completely". Also, for the SAGA2 the team has collected more than 45bln$ on 100 000 preorders, while mcap. is 65bln$ at the moment.
After that, the different projects have airdropped to the people who preorder, in total more than the preorder price of the SAGA2. Strange to be so generous for the NEW projects/tokens/memes as there is no direct interest for them + you need to have quite big capital to do the charity like that. From the logic point of view, it looks like solana stands behind all that projects who has dropped more than 10$ per user.
So, from where to take the money to cover that airdrops, if the users has received more than 45bln$ as an airdrop?
I suppose, that in next strong move, we will see the network to goes down for a while in order to push to sell.
As we look on the chart, after the 40% move down, we are sitting exactly below the pierced level where the reaction was quite strong from it. Targets are marked on chart.
Guess we will see some accumulation, but think that it will be short.
After that we will continue digging down in search of the budget.
Thoughts above - it is only my opinion, and not a financial advice.
DYOR
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