Quote from: Haunebu on November 26, 2024, 06:56:03 AM

There's a lot of optimisim around Solana right now thanks to whales buying a lot of it, BTC rising and its DEX posting record numbers which is why there's a great chance for it to soar like crazy before this year ends.

However, BTC going up doesn't always trigger a bull market for altcoins too. It sometimes triggers the opposite effect implying a bear market for altcoins in this case. Am cautiously optimistic.

So if Solana can goes down for more, that will attract more investor to buy back and maybe they already buy it at the current price. But it seems Solana and the other altcoin needs to wait for more as Bitcoin doesn't give a sign to go to the high price and could still stay at the price now.

The altcoin season will comes after Bitcoin increase and stay on the certain price so that will gives the chance for altcoin to increase. But there is a chance for altcoin season comes before Bitcoin rise again so we should wait for a while to see what will happen in the market.