Cyclicality of 
SOL (under-performance) and 
ETH (over-performance) relative to 
BTC
∘ only using data YTD but there seems to be a cyclical pattern to the performance ofETH and SOL wrt BTC
∘ basicallySOL under-performs BTC and catches up while ETH is opposite
∘ and the cycle period is about 2-3 mths
🔥 fwiw,SOL has caught up to BTC perf ratio-wise while ETH under-performance is at ratio lows
🤔 tbh, based the cyclicality, for meSOL is a much better buy as a catchup trade to BTC outperformance. The time to long SOL is when BTC really roofs, not now imho
#technicals
SOL (under-performance) and ETH (over-performance) relative to BTC∘ only using data YTD but there seems to be a cyclical pattern to the performance of
ETH and SOL wrt BTC∘ basically
SOL under-performs BTC and catches up while ETH is opposite∘ and the cycle period is about 2-3 mths
🔥 fwiw,
SOL has caught up to BTC perf ratio-wise while ETH under-performance is at ratio lows🤔 tbh, based the cyclicality, for me
SOL is a much better buy as a catchup trade to BTC outperformance. The time to long SOL is when BTC really roofs, not now imho#technicals
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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.