SOL/BTC Cycle Analysis: Patience is Key Market Sentiment
If everyone is expecting a bull market , prepare for a bear. If people think prices are going lower, it might be time to buy.
SOL/BTC Chart Breakdown
- SOL has shown strong recent performance, but don’t get tempted by its retrace.
- The 1-week cycle is still heading down toward 20.
- The best buying opportunity will come when the 3-day cycle (purple line) meets the 1-day cycle (blue line) below 20.
Today is Not the Right Time to Buy SOL.
Why Wait?
- A 16% retrace doesn’t mean it’s time to buy. Buying just because a token dropped from its top is not a solid strategy.
- The best returns come when you buy during the 3-day or 1-week cycle dips below 20.
Expectations
- The daily cycle has reversed, showing some upside, but...
- The 3-day and 1-week cycles are still falling, signaling more consolidation time.
- A big run is unlikely to start in the next few days.
Be Patient. Wait for the Best Opportunity.
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