Solana Still Dey Weak Compared To Bitcoin As Big Boss Dem Show More Interest And Market Style Dey Change
VanEck and MakroVision don do wetin dem call recent analysis wey show how crypto market just dey change, dem focus on how Solana (SOL) dey perform compare to Bitcoin (BTC). Inside April, digital assets show different different results, but Bitcoin show say e strong, pass traditional stocks and e gain from big big companies wey dey enter plus how ecomony just dey change. On the other hand, MakroVision Oga wey dem call Joao Wedson talk say SOL/BTC pair still dey weak, and e expect say the price go still dey fall, e talk say e be like how ETH/BTC take do before. Wedson warn say if Bitcoin price fall, SOL/USD fit fall even more. See as Solana just climb nearly 30% last month, e pass Bitcoin 24% gain small; but, Wedson believe say Bitcoin market go get more power for the next 45 days, wey go make this time important for how dem value Solana. Tokens like SOL wey be Layer 1 don face wahala from wetin dem call major token unlocks and as pipo no too dey speculate again, e make some other coins no perform well. On top that, the connection between Bitcoin and big companies stocks like Microsoft and ICBC still strong, e show say dem link to the general market. All these things wey happen important for crypto traders wey dey think about how dem go arrange their money again, check how risky e be, and how dem go share their money strategically between Bitcoin, Solana, and other big digital assets.
Bearish
Di tori wey come out signals say Solana (SOL) get bearish outlook compare to Bitcoin (BTC). Even as Solana price climb recently and perform well for small time, experts dey point out say SOL/BTC pair still get some weak points and dem expect say Bitcoin go still dominate more for di coming weeks. Di negative momentum na because of wetin history patterns don show for other major altcoin pairs like ETH/BTC, plenty token wey dem unlock, and pipo no dey too show interest again for Layer 1 assets. Apart from dat, di strong connection with wider stock markets fit make things more unstable. Traders fit see all dis as signs to reduce dia SOL or support BTC, at least for short and medium term.