SOLUSD , even if it’s going down to 150 or below is still a better play than ETHUSD. Why? Because when it turns around and flies, it’s gonna go much faster and much higher percentage, wise than slow, boring expensive Ethereum. Run the numbers you will see. Ethereum has to go to 10k to be able to compete with SOL- just doesn’t seem like it’s gonna happen this cycle.
SOLUSD is not doing anything unusual. The entire market is down. That is NOT a guess it is an OBSERVATION. My educated guess is SOL will follow BTC and perhaps wick down for unlocks then fly high again. My educated recommendation is to accumulate and not be shaken out. I’m also still watching the fact that a typically bullish month, February, has grossly underperformed. We might be in for a catch up PUMP real soon.
SOLUSD I'm guessing this will trend down all week, and break down hard the beginning of March, just my opinion. Have you heard about the SOL of this cycle? It's an RWA play, it's OMUSDT ...MANTRA... check it out, you're welcome.