Medium-term market outlook is showing bearish signals across major assets. The broader crypto market (TOTAL) is currently in consolidation with a score of -0.34, signaling cautious momentum. Bitcoin continues its short-term weakness at -0.33, while Ethereum sits at -0.11, indicating relatively softer bearish pressure compared to the broader index.
When examining cross-pair dynamics, the picture becomes more pronounced. ETHBTC pairing shows a -0.45 score, suggesting Ethereum is underperforming against Bitcoin during this cycle. More notably, SOL-denominated pairs are displaying the most bearish readings—SOLBTC scores -0.89 and SOLETH equally slides to -0.89, pointing to significant relative weakness in Solana's position versus both Bitcoin and Ethereum.
The altcoin segment extends this downward pressure, with the broader alternative token market following suit into bearish territory. These technical scores paint a picture of risk-off sentiment, where larger caps are outperforming smaller assets, and traders may want to reassess exposure to secondary tokens until momentum shows signs of recovery.
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StableNomad
· 23h ago
sol getting absolutely wrecked rn, -0.89 across the board... reminds me of UST in May, always the alts that suffer first. anyway statistically speaking this is textbook risk-off, smart money rotating back to btc. not financial advice but maybe don't be that guy holding sol bags right now lol
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ProofOfNothing
· 23h ago
SOL has really been broken through this time, and the -0.89 figure looks a bit hopeless.
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DataChief
· 23h ago
SOL really let us down this time, -0.89, brother... Don't even mention small coins, even the big players are not optimistic about it.
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SchrodingerWallet
· 23h ago
SOL, this time it really looks like it's going to fail, -0.89 directly dragging it down.
Medium-term market outlook is showing bearish signals across major assets. The broader crypto market (TOTAL) is currently in consolidation with a score of -0.34, signaling cautious momentum. Bitcoin continues its short-term weakness at -0.33, while Ethereum sits at -0.11, indicating relatively softer bearish pressure compared to the broader index.
When examining cross-pair dynamics, the picture becomes more pronounced. ETHBTC pairing shows a -0.45 score, suggesting Ethereum is underperforming against Bitcoin during this cycle. More notably, SOL-denominated pairs are displaying the most bearish readings—SOLBTC scores -0.89 and SOLETH equally slides to -0.89, pointing to significant relative weakness in Solana's position versus both Bitcoin and Ethereum.
The altcoin segment extends this downward pressure, with the broader alternative token market following suit into bearish territory. These technical scores paint a picture of risk-off sentiment, where larger caps are outperforming smaller assets, and traders may want to reassess exposure to secondary tokens until momentum shows signs of recovery.