The actual old season is just getting underway and we should expect the market to pick up significantly in the coming weeks.
Raoul Pal recently posted the current Solana chart with the comment "stupid bullish" (see below).
Indeed, Solana has formed a large "cup and handle" formation in recent years. It doesn't get much more bullish than that. Solana should catapult far north in the coming months.
....however, I liquidated my Solana position about a year ago in order to further expand my ICP position - not only because I consider ICP to be the best product in the crypto market, but also because of the signal that developed in the chart.
Assuming that ICP was about to break out of the trend channel against Solana, I posted the ICP/Solana chart here in the forum at the time.
Well, ICP made a final "nose dive" but in the meantime the breakout from the 2-year downtrend has happened (see below in the 2 week & 3 day chart).
ICP should outperform (vs. Solana).
I do not recommend all crypto investors to liquidate a position at this point in time in order to invest in ICP.
We have to expect a new regulation for the taxation of profits this year and (in my opinion) it is "rule no. 1" to reach the holding period as early as possible.
But, if you are still looking for an investment in the crypto market: staked ICP is now also traded as an ETP in Germany:
WKN: A3G9SD
