$BTC briefly broke below $60,000 โ first time since 2024. The last time BTC was at $60,000 โ
$SOL was at $150. Today โ
$SOL is at $64.
Bitcoin's price briefly broke below $60,000 for the first time since 2024 during the recent flush before recovering above that line.
Let me show you the SOL/BTC relationship at $60K:
2024 โ BTC at $60,000: SOL price: $150-$170 SOL/BTC ratio: relatively high
2026 โ BTC at $60,000: SOL price: $64 SOL/BTC ratio: at multi-year lows
Same Bitcoin price. SOL is 58% cheaper vs BTC than it was in 2024 at the same BTC level.
This is called the SOL/BTC compression. And every time this compression has resolved โ it has resolved with SOL outperforming BTC significantly.
Plus โ Alpenglow is coming in Q3. Fidelity and Morgan Stanley ETFs are filed. CME 24/7 SOL futures are running. CPI data today could be the macro catalyst that starts the recovery.
๐ SOL today:
โ Price: $64 โ at extreme historical discount vs BTC
โ SOL/BTC ratio: multi-year lows โ
โ 2024: BTC $60K โ SOL $150-$170 โ
โ 2026: BTC $60K โ SOL $64 โ 58% cheaper โ
โ Alpenglow Q3: confirmed โ
โ Support: $60-$62
Same BTC price. 58% SOL discount vs 2024. The compression always resolves.
#Solana #BTCParallel #Compression #BinanceSquare #SPCXxIPOCampaignOnBinanceWallet