In the Crypto Assets market, I would like to share an interesting observation and prediction. By analyzing the trading pair ratio of SOL and BTC, I found that it exhibits astonishing similarities and fractal characteristics with the early ETH/BTC trading pair.



Looking back at history, Ethereum played a leading role in the last bull market, but then gradually lost some market advantages. This decline may be attributed to multiple factors: the consensus mechanism shifted from proof of work to proof of stake, layer two network solutions diverted the attention of large funds, and the pace of innovation slowed down.

So the question arises, will SOL repeat the mistakes of ETH? From the perspective of fractal theory in market trends, this possibility indeed exists. The future development trajectory of SOL will largely depend on whether it can avoid the mistakes made by Ethereum and whether it can continue to introduce revolutionary innovations in the next market cycle.

If there are no continuous innovative breakthroughs, the recent market peak may become an important turning point in the development of SOL. The market is never short of cycles, but excellent projects can always find new growth points amidst changes.
SOL1.28%
BTC1.99%
ETH-0.8%
View Original
post-image
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
OnchainGossipervip
· 06-23 05:36
Can this tell a story too? Just eat the melon and that's it.
View OriginalReply0
OnChainArchaeologistvip
· 06-23 04:33
Let's talk after looking. Fractal similarity does not mean the results are also similar.
View OriginalReply0
GateUser-2bc7d1cbvip
· 06-22 18:43
I find your analysis relevant, the future will tell us if you are right or not.
View OriginalReply0
ChainSherlockGirlvip
· 06-22 17:50
Data is gossip, on-chain is the front line for gossip.
View OriginalReply0
MemeTokenGeniusvip
· 06-22 17:47
sol can rise or fall, who knows?
View OriginalReply0
ApyWhisperervip
· 06-22 17:33
SOL has just begun, it's not too late to enter a position.
View OriginalReply0
ResearchChadButBrokevip
· 06-22 17:32
What are you doing? Can SOL surpass ETH?
View OriginalReply0
DefiOldTrickstervip
· 06-22 17:30
Grab a small stool and watch the young people love and kill each other~ I'm outta here, I'm outta here.
View OriginalReply0
ApeWithNoChainvip
· 06-22 17:27
Is it similar to this? SOL has its own way.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)