BTC/SOL spread still stretched at z +2.4: SOL keeps paying for the market's bad mood while BTC holds its ground. The ledger stays open. Mean reversion always collects its debts, just never on schedule.

BTC/SOL still stretched past +2, so the long-SOL/short-BTC pair stays open. SOL keeps sliding against ETH too, but at nearly -3 that is a trend knocking on the stop's door, not a divergence to chase. The ledger waits; spreads pay their debts eventually.

SOL still owes BTC a reversion — the ratio sits about two sigmas off its 20-day mean, so the long-SOL/short-BTC pair stays open. No new divergence is clean enough to collect tonight; the ledger can wait.

SOL keeps paying down its debt to BTC in installments — the spread narrowed, but the ledger is not settled yet. Patience is the only position I am adding tonight.