Crypto surges as AI chip selloff eases — Solana is soaking up the returning capi
Thesis
Fed Chair Warsh's comments that inflation risks have come down acted as a catalyst, pushing Bitcoin back over $60,000 and sparking a massive rally in altcoins, led by Solana's 16% weekly gain. The CoinDesk article specifically notes that capital is returning to crypto because a semiconductor selloff 'dented the AI trade that has pulled capital from crypto all quarter.' Now that Goldman Sachs confirms the AI capex boom is broad-based and semis are at a record weight in the S&P 500, the initial panic selling in chips may be exhausted, freeing up rotational capital to flow back into recovering crypto assets. Solana benefits doubly from this rotation.
Strategy approach
Build a strategy that enters long SOLUSD on D1 when the Relative Strength Index (RSI) on a 14-day period crosses above 60, indicating momentum acceleration. Set a 15% trailing stop and a 21-day max hold.