Solana - How much upside remaining?
That's the question right?
Assuming Bitcoin price is relatively unchanged, with buyers and sellers ahead of a reported ETF launch... Will we see another 5% prior to a pullback, or another 45-50%? The Solana-Ethereum valuation is close to the top with another 5-6% remaining. Will that be a catalyst for more profit-taking? What are the communities thoughts? How are you evaluating potential from here?
Regardless, let's say we do get another 50%. There has to be a less-risky way to make 50% than on an asset that has ridden the parabolic hype-train over the last month. That's the point I am keeping in mind as we enter 2024.
Assuming Bitcoin price is relatively unchanged, with buyers and sellers ahead of a reported ETF launch... Will we see another 5% prior to a pullback, or another 45-50%? The Solana-Ethereum valuation is close to the top with another 5-6% remaining. Will that be a catalyst for more profit-taking? What are the communities thoughts? How are you evaluating potential from here?
Regardless, let's say we do get another 50%. There has to be a less-risky way to make 50% than on an asset that has ridden the parabolic hype-train over the last month. That's the point I am keeping in mind as we enter 2024.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.