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Solana is showing some relative weakness compared to Bitcoin and other alts. SOL/BTC in particular looks weak, although we’re approaching a key local support level.
I’m expecting a significant bullish move for SOL soon, but for that to happen Bitcoin likely needs to break and hold above $94,000 first.
US market opens in 2 minutes, let’s see if we get another push today. If not, tomorrow.
Overall market structure still looks bullish.