Oil crash and crypto correlation?
Oil's biggest drop in months has me wondering if crypto will decouple or get dragged down with the rest of risk assets.
Brent crude just had its longest losing streak of the year, and we're seeing Iranian oil flood back into the market. That's a major macro shift — and it's happening while risk assets are already shaky.
Now I'm watching SOLUSDT sitting near the bottom of its recent range around $71.5. Will crypto decouple as money rotates out of commodities, or does oil's slide signal a broader risk-off move that pulls everything down? 🤔
Personally, I'm keeping an eye on that $71.4 support level. A clean hold there could be interesting, but if we break below, I might wait for a clearer signal before jumping in. What's your take — do you see oil spilling over into crypto or are we in for a divergence?
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