Looking at the medium-term price action across major assets, the broader market picture shows weakness. TOTAL market cap sits at a SHORT position with a score of -0.33, while BTC mirrors this bearish setup at -0.33. Ethereum isn't faring much better—SHORT with -0.11 on the scorecard. Solana faces more pronounced downside pressure at -0.55.
When we zoom into the pair dynamics, ETHBTC ratio trades SHORT at -0.23, suggesting Ethereum is lagging Bitcoin's moves. SOLBTC is under heavier selling with a -0.77 score, indicating SOL weakness relative to BTC. The SOLETH pair paints an even bleaker picture at -0.89—Solana is struggling hard against Ethereum.
One bright spot though: altcoins outside the top names are flagged for LONG positions. This suggests money might be rotating away from mega-cap names into smaller tokens chasing higher risk-reward setups. Worth monitoring where alt capital flows go over the coming weeks.
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ChainDoctor
· 4h ago
SOL is really screwed this time, soleth -0.89 and not even looking back... But on the other hand, the small-cap tokens are acting pretty annoying, it really feels like they're bloodsucking, been monitoring them.
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AllTalkLongTrader
· 5h ago
SOL is so underperforming, why is the gap with ETH getting bigger and bigger...
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RamenDeFiSurvivor
· 5h ago
SOL has been hammered again, and this time it's really quite bad. Is altcoin about to take off? I feel like it's just another scheme, with funds rotating in many different ways.
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BearMarketBuilder
· 5h ago
SOL has been knocked down again; I really should buy a short contract.
Looking at the medium-term price action across major assets, the broader market picture shows weakness. TOTAL market cap sits at a SHORT position with a score of -0.33, while BTC mirrors this bearish setup at -0.33. Ethereum isn't faring much better—SHORT with -0.11 on the scorecard. Solana faces more pronounced downside pressure at -0.55.
When we zoom into the pair dynamics, ETHBTC ratio trades SHORT at -0.23, suggesting Ethereum is lagging Bitcoin's moves. SOLBTC is under heavier selling with a -0.77 score, indicating SOL weakness relative to BTC. The SOLETH pair paints an even bleaker picture at -0.89—Solana is struggling hard against Ethereum.
One bright spot though: altcoins outside the top names are flagged for LONG positions. This suggests money might be rotating away from mega-cap names into smaller tokens chasing higher risk-reward setups. Worth monitoring where alt capital flows go over the coming weeks.