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0xSeñorita
$BTC and $ETH — the core development team confirmed today that the Alpenglow upgrade is still on the testnet, with no set date for the mainnet, completely contradicting the previous expectation of "mainnet launch in late September." $SOL surged from 112 to 124 in the past few weeks, largely driven by this expectation building long positions. Once the expectation was disproven, event-driven longs immediately closed their positions and exited, which is the direct reason $SOL dropped to 116.61.
BULL. 🐂
BTC and ETH are waiting for a turning point in US Treasury yields, not a project announcement.
Solana led the decline today, which is a different story from $BTC and $ETH — the core development team confirmed today that the Alpenglow upgrade is still on the testnet, with no set date for the mainnet, completely contradicting the previous expectation of "mainnet launch in late September." $SOL surged from 112 to 124 in the past few weeks, largely driven by this expectation building long positions. Once the expectation was disproven, event-driven longs immediately closed their positions and
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