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The decline of ETH is no better than that of underperforming altcoins. Over the past two days, it’s clear that many traders have shifted their positions. Last year, I mentioned that SOL was emerging as a rising alternative to ETH, though some dismissed the idea.
While BTC ($103,000) and ETH ($1,540) remain the cornerstones of belief in the crypto world, the market ultimately dictates those beliefs, and they evolve with market trends. In this halving cycle, ETH hasn’t been particularly profitable for me. With an entry cost above $1,400, I’ve only managed to break even.
During the FTX collapse, I took my first SOL position at $8-$13. Despite the sharp drop, I started a long position on contracts above $30, which I continue to hold. Looking back, last year, SOL—now trading at $27 and what I consider the foundation of financial freedom—managed to capture a significant share of the market, proving its strength.
#$TRUMP Continues to Rise