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SnaykeX
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SnaykeX
@WrldsDavid
On-chain | DeFi 📊 | Base ecosystem Tracking liquidity. Breaking down protocols. Simple insights. No noise. Building in public 🔗
Bergabung Kasım 2024
233 Mengikuti275 Pengikut

@ourcryptotalk i don't trade SOL but the pattern is hard to ignore ETH proved the narrative dies before the price does. when everyone's burying it is usually when it's closest to the bottom chart will tell the truth before CT does 🔵
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Two months ago everyone was busy burying $ETH
Then it printed two monthly greens and bounced
$SOL now looks a lot like Ethereum did in March
→ 7 consecutive monthly reds
→ Down from the 260s to the low 80s
→ Solana is dead narrative being pushed
The bear case is there because price is bleeding and not because anything new actually broke.
None of this is new information, the chart just gave people permission to care about it.
ETH in March proved that capitulation candles don't cause the concern.
They look exactly like the one before, until they don't.
First it was Bitcoin to show a recovery and then Ethereum looked bullish
Now it's time for Solana to bottom here.
What needs to print on the SOL monthly for you to take it seriously?

Jack@Jackkk
Ansem reveals he owns no Solana and sold the rest after TRUMP coin launched “I was buying SOL at $1.50… the last time I sold was around $260” Banks: “So the top, nice, great, must be nice to be the goat”
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@cryptorover and most people will be too scared to buy the bottom then too late to sell the top 😂 same cycle every time
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@itsthatgigi wildest thing i've heard all day but it's true 😂
bet on yourself first. everything else is just noise 🙏
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@Cointelegraph Base. no hesitation.
still building on it every day. Aerodrome, Morpho, Aave the ecosystem is real and the numbers back it up 🔵
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@KalshiTrade traditional markets still trying to figure out gold while the future of liquidity is on chain
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@coinbureau retail panics when the foundation sells. smart money watches where the supply actually goes lock it up or get left behind
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crypto is also the only place you can go from 1000 to 0
eva edxn@evaedxn
crypto is the only place you can go from 0 to 1000
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@benjamincowen countertrend or not, the alt season narrative is fading capital flocks to the king when the macro gets tough build on chain or stay on the sidelines
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#BTC dominance almost back at 61%.
Countertrend rallies in bear markets often send dominance higher.

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@TedPillows if spot doesn’t follow
this turns into a liquidation cascade fast
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@BitcoinMagazine @Duelbits early… but not everyone makes it
positioning matters
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@Cointelegraph OTC btw
didn’t even hit the open market
people still gonna panic tho 😭
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@MaxCrypto foundation selling builders still building
that’s what matters
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