The quality of decision-making depends on the information you have and your ability to process it.
- Bridgewater Associates Founder: Ray Dalio - “Principles”
The price of Bitcoin has recently experienced some Fluctuation, followed by a pullback after the pump. In the past 24 hours, nearly $334 million worth of liquidation occurred in the crypto market, affecting about 200,000 traders.
But it is worth noting that the BTC weekly closing price remains high, with a return rate of about 9.66% last week. With the pullback of BTC, the decline in its dominant position has provided space for other AltCoins to rise.
Solana (SOL) has reached a new all-time high, and the SOL/ETH ratio has also reached a historical high, while the SOL/BTC ratio is slightly lower than the historical high in the first quarter. Many of our previous articles clearly expressed a strong bullish view on Solana - Solana has surged from $8 to over $260 in this cycle, setting a new record high!
Solana’s DEX volume significantly exceeds Ethereum’s. Its fees and revenue also surpassed Ethereum for the first time.
ETP flow data shows continuous inflows of funds in the past month. With the listing of multiple Solana Spot ETFs in the United States, the market’s follow-up on Solana and other L1 chain projects has risen again, and these assets are gradually attracting the attention of mainstream investors.
Note: All content represents the author’s personal views only, not investment advice, and should not be interpreted in any way as tax, accounting, legal, business, financial, or regulatory advice. Before making any investment decision, you should seek independent legal and financial advice, including advice on tax consequences.
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#BTC breaks 100,000? #BTC achieves the highest monthly gain in history #ETH new market trend
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