Hey guys, Odyssey thinks Solana is luna 2.0, got some interesting points on that 👀✨
🧵⬇️ $SOL is going 180 -> 60. why?
6 months of an uptrend - classic altseason
exactly enough time for everyone who had fomo to go full ape mode.
everyone who tried to short got rekt, and non-believers think:
- "even if this shit goes -99%, no way i'm risking shorting again"
reason 2: an abnormal amount of holders who have zero motivation to sell $SOL because of the need to ape into SOL shitcoins - which have grown absurdly
these moonshots increase their SOL balances exponentially, but then they realize they've only got more SOL, not USD
after that they go to redeem their chips in the casino and hear:
- sorry, but we cannot give you more than $140 per sol. moreover, we accept only 1000 tokens at the moment.
then the jenga collapses, the big money is desperate to find exit liquidity - and the real fun begins.
i have to add that in this 25x trend there wasn't a single 50%+ correction
you can use any strategy, but a popular one would be shorting with a 2x cross leverage and keep adding more size as your pnl increases - makes your bag grow exponentially if done right
$SOL = $LUNA 2.0
#GrimaceOdysseus #binance #LUNC✅ #Bitcoin
What do you guys think, is a Solana dip on the horizon? Drop your thoughts in the comments below👇