MONK
I think everyone hoping that $SOL benefits from a rotation after $ETH outperformance is completel...
270 days agoMONKdefi_monk
Twitter
View on X
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Despite some speculation of a rotation into SOL after ETH's strong performance, the post suggests this is unlikely. The author argues that existing SOL holders are more likely to rotate into ETH, and new institutional capital is primarily flowing into ETH, not SOL. The SOL/USD chart shows SOL currently trading around $188.22, above its 20-period moving average of $162.13, but the overall sentiment indicates limited upside from a rotation narrative.

Ask about this postAnswers are grounded in this post's content.
Tweet
About MONK
MONK

MONK

By defi_monk

Sunny | Research @Messaricrypto | Prev Hedge Fund Monkey | NFA | Check Highlights for Threads | https://t.co/Qu6XiH0KHK