$ETH & $SOL Performance Cyclicality

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

#technicals