Quick Read
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Solana’s 10% surge and Bitcoin’s 5% gain on September 18 reflected a market-wide bid, not capital rotating out of Bitcoin into altcoins.
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Bitcoin crossing $80,000 triggered $170 million in forced short liquidations, mechanically amplifying prices rather than signaling fresh spot demand.
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True rotation requires altcoins to outperform on days Bitcoin trades flat; Solana slipping below its September 18 close suggests a one-day squeeze.
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On September 18, Solana (CRYPTO:SOL) opened at…
