SOLUSD here some technical analysis for you, the price will increase if there demand, open interest is high. you dont need the fed rate cut for the price to go up use your head.
SOLUSD Weekly RSI on SOL looks very similar to July 2024. Same structure: higher RSI lows + price trying to recover. Last time this led to a strong move up...
SOLUSD if you are in sol move to sui , right now sui outperforming sol and will outperform eth, i know there an ulock every month but this is nothing compared to solana inflation, sui could do one to 2 x from here. ride the winners. not a financial advice.
SOLUSD The market unfortunately seems not to care if SOL is the fastest, cheapest, most revenue creating blockchain. They only care about hype and narrative right now
SOLUSD i know you would say oh solana could do 2x from here quickly, that if there money going into it , at the main time its eth szn., i dont want 2x i want to see 10% gain and holding .
SOLUSD seriously how do you feel about sol ? there no bulls , in order for the price to go up needs buyers more than sellers , i feel its time to let it go , i keep saying to myself it will bounce from here lol it never do. soleth made a new low , my sol in defi atm. solana is cooked , they dont care about how fast it its.