SOL Daily
A daily read of SOLUSDT perpetual futures (SOLUSDT.P), charted with the Pullwave indicator.
SOL Chart Note - Nov 15: 1H Trend Filter Sits at $79.71
SOL trades at $69.27 after a -10.84% day. The Pullwave indicator's 1H trend filter reads DOWN with its trend line at $79.71.
Indicator stateShort1H
Key levels
- 7-day high89.98
- Indicator 1H trend line79.71A 1H close beyond this line flips the indicator's 1H trend filter.
- 24h high78.46
- 24h low68.52
Previous notes
- SOL Chart Note — Nov 14: Pullwave 1H Trend Filter Stays DownShort1H
- SOL Chart Note — Nov 13: Pullwave Trend Filter Still DownShort1H
- SOL Chart Note — Nov 12: Trend Filter Down, Line at $91.30Short1H
- SOL Nov 11: Short State, 1H Trend Line at $91.30Short1H
- SOL Chart Note — Nov 10: Trend Filter Down, Price at $86.66Short1H
- SOL Chart Note — Nov 9: 1H Trend Filter Still DownShort1H
- SOL Chart Note — Nov 8: Pullwave 1H Trend Filter Stays DownShort1H
- SOL Chart Note — Nov 7: Pullwave 1H Trend Filter Stays DownShort1H
- SOL Nov 6: Pullwave 1H Trend Filter Down, Short State HoldsShort1H
- SOL Chart Note — Nov 5: 1H Trend Filter Down at $98.49Short1H
- SOL Chart Note, Nov 4: 1H Trend Filter Down at $99.19Short1H
- SOL Chart Note — Nov 3: Pullwave Trend Line Sits at $99.51Short1H
- SOL Chart Note - Nov 2: Trend Filter Down Below $100.01Short1H
- SOL Chart Note — Nov 1: Pullback Phase Under $103.08Short1H
Latest lessons
SOL after an 8% day: 105 cases of momentum, but a thin edgeWe tested every daily close at least 8% above the previous close on SOLUSDT perpetual futures. Three days later 54.3% closed higher versus a 50.0% baseline, and the split by the 200-day EMA did most of the work.
SOL vs BTC: Correlation 0.59, Beta 1.17 — Does SOL Just Follow?We paired 2249 daily closes of the SOLUSDT and BTC perpetuals. Correlation was 0.59 and beta 1.17, but on days when BTC moved less than ±2%, SOL closed higher just 48.7% of the time.
SOL perp vs spot: what did holding the perpetual long cost?We measured the SOL spot versus SOLUSDT perpetual price gap and the funding a long paid across 35333 hours. The median 30-day funding bill was +0.26%, the 95th percentile +1.91%.
Latest spot notes
Bitcoin (BTC) KRW Spot Notes for Oct 30: Price Levels and Pullwave Signal StatusBitcoin trades lower in the Korean won spot market on Oct 30, with the Pullwave indicator flat while broader KRW market breadth stays mixed.
Bitcoin Cash (BCH) KRW Spot Market Update for Oct 29A look at Bitcoin Cash on the Korean won (KRW) spot market for Oct 29, covering recent price levels and the Pullwave indicator's current state.
Bitcoin (BTC) KRW Spot Market Update and Pullwave Signal Status, Oct 29A look at Bitcoin on the Korean won spot market for Oct 29, covering recent price levels, broad market breadth, and the current Pullwave indicator state.