SOL / TetherUSShort
SOL - down before up
In the LTF, SOL is holding important support at 130 so not keen on a market short, but if we can see a bounce to 150 range while BTC rejects 66-67 again, I would look for a medium term short play down to 80-100 range.
Market structure looks ugly rn. Money is being dried out from SOL shitcoins (most down 50-90%). It would have to take BTC to break 67 and push towards 70 for SOL to look somewhat saveable. but even then, You should short SOL/BTC and/or SOL/ETH. Both look infinitely than SOL.
Market structure looks ugly rn. Money is being dried out from SOL shitcoins (most down 50-90%). It would have to take BTC to break 67 and push towards 70 for SOL to look somewhat saveable. but even then, You should short SOL/BTC and/or SOL/ETH. Both look infinitely than SOL.
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