🔥🧨Why do $SOL & $BTC candles move the same???🧨🔥
Because #Solana , like many #altcoins , often follows #bitcoin 's lead lead due to:
🔗 High Correlation with BTC
When BTC pumps or dumps, market-wide sentiment shifts instantly. Since BTC dominates the crypto market, altcoins like SOL often mimic its moves.
🧠 Algorithmic Trading Bots
Many trading bots are programmed to mirror BTC price action across correlated altcoins. This causes SOL to react similarly — especially on 1H and 4H candles.
💼 Liquidity Flow
Big money usually moves into BTC first. If BTC is bleeding, funds pull out of alts too. If BTC pumps, alts get inflows later, but still react fast.
🧊 Market Psychology
Retail traders often panic or get hyped by BTC’s move, triggering similar reactions in SOL and other coins. That crowd behavior reflects in matching candles.
In short:
BTC is the king 👑 — when it moves, most of the market follows.
SOL just dances to its rhythm... for now.