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ecoinometrics: #Bitcoin price is not in oversold territory yet. But weakness in the broader market is bad news.
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The huge swings in Nvidia's market value up and down this year have been bigger than ever. $NVDA
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#Bitcoin price compared to researched cryptocurrency ownership rates. According to a Federal Reserve study, the number of cryptocurrency owners is not growing amid the recent market rise
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santiment: LINK's dominance in social media discussions is officially at its highest level since 2024. Combined with a decline in the total number of holders, this tends to be a bullish signal if markets stabilize in the coming week. The stock is trading at $10.22, down -18% from its local high on August 18.
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$SOL has already done 20x this cycle Now many say it’s over, others believe #SOL will hit $500-$1,500 soon I analyzed all the data about SOL, and what I found shocked me... Here’s why SOL and Solana memes still have 20x+ potential from here this cycle 🧵👇 Before I begin... I'll likely make my content private soon, so make sure to follow me here , so u won't miss this and my future content. And if you appreciate my work, retweet and like the post to support me 🤍 1/➮ Not many manage to go through what Solana has ✧ The way SOL dropped to $8 from $200 with massive FUD, which was actually true ✧ Then almost revived its ATH and became one of the strongest performers this cycle ✧ This is what makes Solana special 2/➮ I built my positions on $SOL over a long period, and I’m also like the blockchain itself ✧ Despite talks that the Solana cycle is over and that Solana might be a house of cards I believe that the SOL run is just beginning, and here’s why👇 3/➮ SOL/ETH chart ✧ SOL/ETH has broken the resistance level on the weekly chart ! 4/➮ Gambling on Solana ✧ Meme coins have clearly become the biggest narrative of the 2024 cycle 5/➮ Volume ✧ The volume of SOL has increased 66 times with the rise of the meme coin narrative 6/➮ Sol Revenue vs other L2s Revenue 7/➮ Celebs in SOL 8/➮ Devs Activity 9/➮ Real World Investors Choosing #Solana 10/➮ SOL ETF Overall, I don't see this as a big problem or believe that SOL is overvalued, especially in the long-term ✧ But it's important to look from both sides ✧ I remain bullish on #SOL considering all the factors, and I think that $1,000 per SOL is quite achievable milestone I've invested 8 hours a day researching, analyzing, and sharing valuable insights to help others succeed. If you appreciate the hard work, please like and share to support! Always winning trading 👉 WHALES METHOD
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