Retail Capitulation is Underway: A lot of smaller traders are dumping coins to chase gold and silver at record highs. That kind of mass exit, or “vacating of the hodl,” has often shown up near market bottoms in past cycles.
The “Bottom Checklist” is Incomplete: Prices are down, but some of the usual on-chain stress signals still haven’t fired. In particular, there hasn’t been a clear spike in network realized losses or a wave of long liquidations. Until those appear, stepping back in may be early.
Contrarian Signal in Solana: Bitcoin and Ethereum are getting hammered by FUD, while Solana barely gets mentioned. Its social dominance is near cycle lows, which often lines up with seller exhaustion….