✴️ Solana Trading Within Danger Zone

Solana hit the same price level as back in April/March 2022, our long projected target.
As soon as this level was hit Solana turned from a full green candle to a red week. This week is going red nearing its end, which tells us that it can close in that way.

Total growth amounts to 1,479% since 26-December-2022. An entire year of sustained growth. Not one correction in an entire year, only a long consolidation phase before the initial bullish breakout.

The RSI is "overbought" on the weekly timeframe...

Notice that while Ethereum went ahead and produced a higher high as the whales load hundreds of millions of dollars worth of ETH into the exchange to short, other Altcoins failed to do the same. The reason why Ethereum can do this is because it has been lagging behind big time.

The market moves in cycles and within these cycles we have waves... Up and down, up and down...
When Solana enters its corrective phase, money will flow from Solana to smaller Altcoins and other projects, fueling the already massive bullish wave we've been seeing there.

When Bitcoin enter its correction mode, money will flow the Altcoins as it is happening right now.

When the ALTSBTC pairs go up, Bitcoins are being used to push these pairs higher.
When people buy these Altcoins they are selling Bitcoin by default. Only when they start selling ALTS for BTC will Bitcoin resume its growth. Because when you sell these Altcoins you are automatically buying Bitcoin but if you pay close attention, these pairs are only getting started and speeding up.

Solana and Bitcoin had massive growth.
It is only normal if you see them drop.

Sell high and buy low.

While it might be difficult for us to do, it is not hard for the whales to do so. In fact, they cannot do it any other way...

Last unconventional signal: Michael Saylor said he "will be buying the TOP forever..."
This is a coded message telling us that the top is in and indeed it is, he tends to buy at the worst moment but this is only in support of Bitcoin and retail but still, the signal remains. He is telling us that he is buying at the top, for this to be the top prices need to produce a retrace.

Namaste.