#WIF #SOL
Anyone with some extra ideas on the patterns?
1) The last 48hrs its price action is totally disconnected to #BTC
2) It even seems to be somehow disconnected to SOL since despite SOL's spight upward movement during the last 24hrs, #WIF keeps nosediving... Which is also strange given that it's a MEME based on its ecosystem.
3) It goes contrary to RSIs as there is no clear pattern suggesting a bullish/bearish trend.
4) Trading volume is still high and although it hasn't undergone such a massive price gain as #PEPE or #FLOKI it still doesn't get a significant upward movement even when the big guys move upwards.
What's the reason behind this? Wish it's not the same disappointing story as #REI...
Still bullish on the longterm though...