Cyclicality of SOL (under-performance) and ETH (over-performance) relative to BTC
∘ only using data YTD but there seems to be a cyclical pattern to the performance of ETH and SOL wrt BTC ∘ basically SOL under-performs BTC and catches up while ETH is opposite ∘ and the cycle period is about 2-3 mths
🔥 fwiw, SOL has caught up to BTC perf ratio-wise while ETH under-performance is at ratio lows
🤔 tbh, based the cyclicality, for me SOL is a much better buy as a catchup trade to BTC outperformance. The time to long SOL is when BTC really roofs, not now imho
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