I’ve already gone long on SOL around the $66 BTC level. The logic is simple: geopolitical events are impacting oil prices and risk markets (like U.S. stocks and $BTC). SOL tends to follow BTC’s ups and downs, but its volatility is higher, so if you get the direction right, the gains are bigger. Since early February, BTC has been fluctuating within the $65-$74 range. Last Friday, the market closed, and with the release of the non-farm payroll data, plus the weekend’s geopolitical interactions, there’s news that an oil tanker loaded with Iraqi crude has just passed through the Strait of Hormuz. Let’s see how market sentiment plays out tomorrow. For these low-level short-term longs, the biggest concern is a sudden one-sided drop, which would require extremely negative news to trigger. If that happens, BTC could break down to around $60-$63. Of course, if it does, just set a stop-loss. Personally, I don’t think a one-sided drop is likely in the near term. Let’s see how the market reacts after the holiday tomorrow!