Longish-term downward slide of $SOL/$BTC over past few days

IIRC often tends to lead up to dumps…

Will see later if I can chart the accuracy of such SOL/BTC-based predictions

There’s some trickiness in that it’s very unclear the timespan over which such “predictions” by the SOL/BTC price apply, even if totally real, it’s likely that the timespan is non-stationary, varying over time, and predicting over multiple timeframes at once.

Will think about it

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🚨🚨🚨 Massive spike in $SOL prices

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🚨🚨🚨 Grayscale files for $SOL ETF with NYSE

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$SOL continuing to fly upward on $ETF news

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Crash through the night

Boom on market open

sus

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Murad and other influencers pushing these kinds of EXTREMLEY cheap-to-fake “decentralization” metrics as “good”

— is exactly what makes them end up being “bad”….

Scammers overwhelmingly cheat these for ~free, with simple noscripts, while legit coins don’t bother

= Anti-signal

Murad ends up screwing normies bad

— At least in my own backtests, found essentially all “decentralization” metrics to be strongly inversely associated with coins’ later success

Zero backtesting by these crypto influencers

Total insanity

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