Trader Eugene: SOL Leads Major Coins with Relative Strength, Could Be First to Break 3-Month Consolidation Range

According to Odaily, trader Eugene stated that among major crypto assets, Solana (SOL) is currently showing the strongest relative performance, demonstrating clearer structural advantages compared to Ethereum (ETH) and HYPE, and is expected to become the first major asset to break out of its nearly three-month consolidation range.

Eugene noted that if SOL can effectively break through the key resistance level of $96, the next target area above would be around $120, representing a potential gain of approximately 25%. He indicated that unless Bitcoin falls below the critical support level of $80,000, he remains inclined to maintain a long position and strategically prepare for a potential breakout move.