Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
- SOL’s structure was neutral at press time.
- Weekly price volatility eased, but funding rates improved.
At the time of writing (26 April), altcoins, including Solana [SOL], were all green after Bitcoin [BTC] reclaimed the $28k price range. In particular, SOL was up 5% in the past 24 hours but was yet to recover last week’s losses.
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Notably, SOL shed about 6.5% in the past seven days after BTC fell to the $27k price zone and could experience significant volatility, especially early next week (2-3 May) due to the FOMC meeting.