Altcoins are green today but are largely busy recouping their losses from this time yesterday. BTC fell below $90 thousand. Our chances of seeing anything positive on the Fed front, at least for the first quarter, have decreased. Solana (LEFT) He says it’s time for On-Chain Mind and points to the Sharpe ratio.
Solana (SOL) Buying Time
If you stick to a single signal SOL Coin If you decide to buy it, you will probably lose money. In today’s evaluation, On-Chain Mind pointed out the Sharpe Ratio signal, which has historically offered a buying opportunity, and said, “now is the time to buy SOL Coin.”
“At these levels Solana I absolutely love it.
The Sharpe Ratio remains at one of the most favorable values in its history. This means that risk-adjusted returns are heavily in your favor here.
“If you’re working over a multi-year period, this couldn’t be an easier decision to make.”
Bitcoin (BTC)
Bitcoin is still stalling in its November and December area. That’s what’s painful for investors. If BTC If it is stuck in the same range for a long time, investor psychology will be negatively affected as if there were major declines. Crypto Since volatility attracts investors with its charm, investors who are accustomed to large fluctuations are pulled aside during narrow gap periods. Lack of volume brings more stuckness and as a result we experience periods similar to the one we are in.
Until we see a real breakout, cryptocurrency markets will continue to be disruptive. Gaining the $90 and $93,000 resistance levels will lead to a test of larger resistances above. Or we will watch a downward series that may extend to 56 thousand dollars with the loss of 85 and 81 thousand dollars.
Sharing the graphic above, Jelle wrote;
“I realized I’ve been reading LTF PA (short-term price movements) a lot lately.
The global catastrophe of the last two weeks has affected me more than it should have and caused me to follow the market much more than I normally do. It’s a reminder of how difficult it can be to focus on the long term, even if you’ve been in business for nearly a decade.
My plan is the same, as long as the market structure does not change, I will bet on new highs with the money I have left. “Until then, I’ll let the market do its thing.”
