Skip to main content
BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%
Preise

Oil crash could spill into crypto risk assets

Crude just broke below $70 for the first time since the war started. That kind of unwind makes me nervous for risk-on plays like crypto. Watching SOL for a potential breakdown. 🤔

Loading
Open in terminal

Oil just crashed below $70, wiping out all its war gains. That's a huge macro move and it's got me thinking about risk appetite across the board.

If sentiment sours, crypto could catch a bid—or rather, a selloff. SOL is hovering around $71.89, not far from its recent low of $65.91. A break below that level could get ugly fast.

I'm eyeing a short on SOL with a tight stop. Not financial advice, just something to discuss. What do you think—will oil's slide drag alts down with it?

Comments0

No comments yet.