$SOL has been going down in a bullish flag. 85%+ of the time in a bull market, bullish flags break out to the upside.

Another good news is that while Solana's price action has been going down, the TVL (Total Value Locked) has been increasing which shows people's confidence in Solana.

Key level I am eyeing is the 0.618 Fib support of 197-200$. I will start worrying if we break that.

Other than that, I believe we are looking at a 300$ Solana within a month.

Returns only tell one side of the story. Risk-adjusted returns shows the true attractiveness of a narrative.

What you should realize is that memes aren't even top 10. Most of you will lose trading memes.

$BTC is seeing a double bearish indicator on the RSI Divergence.

This could mean either a round 2 for altseason, or we going to get a whole market correction soon.

If there is anytime to load up on some quality blue chip memecoins, it is now.

Remember it is the same coin, just at a discount. If you like $FRED go grab a bag. Same with $POPCAT or $CHILLGUY.

SOL/BTC chart shows us that we are currently at a very high potential bounce range for $SOL to start outperforming $BTC again. We have bounced in this area several times (I circled on the chart).

With this information, I think it would be wise to load up on some Solana, or Solana related plays like memes, or DEXs.

The CME prediction for a rate cut during today’s FOMC meeting is 98.8%.

The last few rate cuts the same thing happened: people get scared and market corrects a little, but after the meeting we pump heavy.

Altcoins are at amazing discounts, BUY BUY BUY.

Stay strong, pump is inevitable.

Im ready for altcoin season are you?

With 1 sentence Jerome Powell crashes crypto…

If you read my posts, I’ve told you about an inevitable correction. I don’t think the bull run is over unless we break 80K on $BTC.

Corrections are healthy for markets. Heading to 80k would only be a 26% dip and 20-30% dips are normal in bull markets.

$MOVE holding so well. It is hard to see when everything is pumping, but in a sea of red, we can spot real gems.

Traders after seeing this week’s crash.

In all seriousness, this is only around a 10% dip for $BTC. 20-30% correction are normal and healthy in a bull market.

Ive always said many times that we needed a 20-30% correction.

Look at March to September. We had a healthy -30% chop.

Bull run isn’t over. We are currently on the 50MA, if we bounce here would be picture perfect. If not the 100MA is around 80k which is also reasonable.

This correction that we are in will be way shorter than the 7 month correction we had during March. I expect no longer than a couple days to 2 weeks.

The rally after this correction is when the true altcoin season starts. Prepare. 🚀

This is a huge reason why 95% of people don’t make money in crypto.

Market is having a huge discount yet you are scared to buy?

Ive seen enough. It is impossible to fade $SUI. Goes up more than the market and holds itself best in a correction.

This 10% bounce needs to be studied. Epitome of strength.

“OMG BUT SUI IS UP SO MUCH ALREADY”.

Lmk if you understand that Sol went from 9$ to 260$, and probs will hit 300-400 this cycle. So how you going to say SUI cant do another 3-4x.

NOTE: 2.19% of $SUI Tokens Will Be Unlocked on January 1st

Most coins have bounced back positive on the daily time frame, but $SOL bounce was very weak.

Funny ASF

https://youtu.be/vabXXkZjKiw?si=H47-WJ7AP9lXBhCa

All of crypto follows $BTC, and Bitcoin follows S&P 500, thus is imperative that we monitor the stock market and macro trends.

We need to have a bullish engulfing candle that closes above the line I drew to bring back bullish momentum. There is good volume so it is possible. If the S&P 500 recovers and does not keep correcting further, crypto should be take off very fast and strong.

I will keep you guys updated. Market will be shaky as there is plenty of uncertainty and fear in altcoins.