Technical analysis by aceofcryptos about Symbol SPYX on 8/15/2022
https://sahmeto.com/message/3684575
aceofcryptos
Rank: 8874
SOL follows BTC and BTC follows S&P500
Neutral
Price at Publish Time:
$4,256.9

Crypto Market seems like another Stock (tech) market, so with current economic fears (debt, interest rates, currency and etc.) BTC (crypto trend setter) tends to follow S&P 500 at the moment. As S&P500 rises BTC seem to rise too, hence SOL rises assuming that crypto market (BTC) goes up. Therefore, S&P500 -> BTC -> SOL (at the moment at least).
Source Message: TradingView