Sol has had its ass handed to it thanks to SBF. It’s been underperforming probably due to this stigma of crooked VC crypto fraud, but the chart screams upside. Ftx pump retraced, just a matter of time before it breaks out from downtrend. If weekly can hold above, look for pump into 30-40s and assuming crypto continues its run (given liquidity increases, rate drops soon, and fed balance sheet expansion imminent, this is likely) then would like to see this back in triple digits by EOY. Possible ATH after if popular narrative aligns.
Kommentar:
Lower high and trend line break... so far so good. Probably trading sideways for remainder of year but SOL is a sleeper and will surprise people in next run.
Kommentar:
so far so good...just getting started