2026-01-01 20:33:22

Medium-term market signals are flashing red across major assets. The overall market ($TOTAL) sits at a -0.33 score with a SHORT bias, mirroring weakness in Bitcoin ($BTC at -0.33) and Ethereum ($ETH at -0.11). Solana ($SOL) shows the most pronounced bearish pressure with a -0.55 score and an upward revision, signaling intensifying downside momentum.

Cross-pair dynamics reveal deeper deterioration. The $ETHBTC ratio scores -0.33, while $SOLBTC plunges to -0.67—suggesting Solana is underperforming Bitcoin significantly. Most alarming is $SOLETH at -0.89, indicating Solana's relative weakness against Ethereum is near extremes. Altcoin strength remains compromised across the board, with SHORT signals dominating the landscape.

These metrics collectively suggest caution for mid-term traders positioning new longs.

BTC0,55%

ETH0,36%

SOL0,92%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
4
Repost
Share

Comment

0/400

ZenZKPlayer

· 5h ago

SOL's performance this time really underperformed, with -0.89, and this number compared to ETH is a bit scary... better to hold steady and not rush to buy the dip.

View OriginalReply0

BridgeTrustFund

· 5h ago

Sol really has to take a break now, the -0.89 figure is a bit hard to watch... Maybe it's better to play it safe and wait.

View OriginalReply0

FromMinerToFarmer

· 5h ago

sol is really going to get wrecked this time, -0.89 against ETH? Unbelievable

View OriginalReply0

PrivateKeyParanoia

· 5h ago

SOL has really been hammered now, and seeing the -0.89 figure makes my scalp tingle... Forget it, let's keep the bottom-fishing rhythm going, since everyone is waiting anyway.

View OriginalReply0