Based on the current analysis, if we look at the trend of the SOL/BTC exchange rate decline, the following strategies can be adopted:
Go long on BTC, go short on SOL, and profit from the difference earned from the declining exchange rate. Focus on going long on BTC and its strongly correlated currencies, while abandoning the SOL ecosystem and its related assets.
This is also why I liquidated my SOL holdings a few days ago and turned to buying BTC spot. Currently, my strategy is to completely shift my long-term spot position to BTC, and I no longer hold other currencies.
Goal: BTC to reach $150,000.
