As the crypto market continues to show volatility, ETH and SOL have been lagging behind BTC in terms of price recovery this year. Bitcoin is nearing its previous all-time high from March 2021, while ETH has not even approached 20% of its peak and currently sits 45% below. Similarly, SOL has been performing on par with ETH, down 31% from its November 2021 record high. Historically, ETH has trailed BTC during price surges, often hitting all-time highs days after BTC. The cyclical nature of the crypto market suggests that a convergence of major assets at all-time highs may signal a peak in the bull run. While recent correlations indicate decoupling among BTC, ETH, and SOL, the potential for emergence is speculated, inviting discussions on their respective recoveries as the market evolves.

Source 🔗