- Brandt expected an additional 30-140 % Seoul to excel in the long run.
- Galaxy Digital is said to have replaced $ 105 million ETH to Sol.
Solana [SOL] $ 150 was reclaimed, which led to the gains of recovery to 58 % of a decrease of $ 95 three weeks ago.
to ethereum [ETH] Investors rose 30 % during the same period, giving Sol counterparts the strong initiative.
Sol to excel eth?
According to the famous merchants Peter Brandt, near Sol above It surpasses performance Against ETH can extend to 90 % in the middle or long -term.
He cited the cup of cup and handle (C&H), which is usually bullied, to drop it.
“This C&H is still playing, by the way. Sol has a lot of space to gain her cousin, $ ETH.”
Source: x
The Brandt scheme showed that, if valid, the Sol/ETH ratio, which tracks the SOL’s relative price performance, can reach 0.11 or 0.20. This has suggested a potential rally 90 % or 245 % of the penetration level of 0.05.
The Sol/ETH ratio was estimated at 0.08. This means that the Sol/ETH had an additional growth room for the assembly by 33 % and 140 %, respectively, if the Brandt targets were hit.
Simply put, Sol can outperform ETH by 30-140 % in the long run.
Galaxy Dumbs Eth for Sol
Interestingly, the potential transformation of the investor from ETH to Sol seems to play among the big players.
According to Wu Blockchain, Quoting from Arkham Intelligence Data, Galaxy Digital has replaced $ 105 million for Sol on Binance.
“Galaxy Digital has transferred 65,600 ETH (about 105 million dollars) to Binance over the past two weeks, with 752,240 Sol (about $ 98.37 million) from the stock exchange, indicating the ETL exchange to Sol.”
Brandt’s projection can be correct faster if the direction continues and follow more players.
Source: Coinalyze
The Sol market reflects the organic demand immediately, highlighted by the SPOT DELTA DELTA (CVD) cumulative.
The assembly shows the sustainability marks, which are fed by both immediate and derivative demand, clearly in the height of the open interest.
In the price scheme for 3 days, the next key level is $ 160, and it is a top upset and average.
In order for the bullish direction to continue, Sol must decisively break the neutral RSI level. Failure to do this can re -test $ 136, making traders careful.
Source: Sol/USDT, TradingView
