General 2025
SOL mcap: $97B, sol px = $201
Visa mcap: $674B (6.9x, SOL px = $1,386)
Mastercard mcap: $519B (5.3x, sol px = $1,075)
AMEX mcap: $222B (2.23x, sol px = $460)
Tailwinds
- SOL ETF
- Firedancer goes live on mainnet
- largest number of dev in crypto (?)
- largest gainer in 2024
- AI agents moving onto SOL(?)
Headwinds
- largest gainer in 2024, can...
Tailwinds:
- Trump's son tweets about twitter
- Possible ETF with yield incoming
- Clearer regulatory regim
Headwinds:
- old tech
- infighting at EF
Technical analysis:
PA:
- red support/resistance & 0.236 held as support.
OBV:
- tight channel has formed.
- break out of channel will show direction of movement.
Overall nice R:R if aiming for previous...
BINANCE:BTCUSDT still trading in giant flag.
Highs/resistance @ $108,000
Lows/support @ 0.618 fib/$92,715.
99sma on D holding strong.
OBV resistance turned support is holding.
Bids at 99sma could prove to be a nice swing trade.
To look out for:
- OBV closes below current support.
- Double top warning - Drop & close below neckline @ support or0.618 fib.
