SOL / ETH loses the 50WMA.
Has been trading below it for the past 7 weeks, something we haven't seen since 2021.
Has also broken down from the 8 month bull flag / parallel channel. Retesting the key POI I've been eyeing.
HOPIUM: We've seen great rallies after
SOL goes down ~40% vs 
ETH, which it is at now. We SHOULD see a turnaround here soon.
And I still believe SOL will greatly outperform ETH this cycle, especially when the ETF launches and Alt Season kickstarts.
Right now we're seeing a typical market cycle BTC > ETH > Large Caps > Mid Caps > Micro Caps
Has been trading below it for the past 7 weeks, something we haven't seen since 2021.
Has also broken down from the 8 month bull flag / parallel channel. Retesting the key POI I've been eyeing.
HOPIUM: We've seen great rallies after
SOL goes down ~40% vs ETH, which it is at now. We SHOULD see a turnaround here soon. And I still believe SOL will greatly outperform ETH this cycle, especially when the ETF launches and Alt Season kickstarts.
Right now we're seeing a typical market cycle BTC > ETH > Large Caps > Mid Caps > Micro Caps
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