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.

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.

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.