Trader Eugene: SOL outperforms major altcoins, may be the first to break out of 3-month consolidation range

Odaily Planet Daily News 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 trends. It is expected to become the first major asset to break out of its nearly 3-month consolidation range.

Eugene pointed out that if SOL can effectively break through the key resistance level of 96 US dollars, the next target area above will be around 120 US dollars, representing a potential increase of approximately 25%. He stated that as long as Bitcoin does not fall below the key support level of 80,000 US dollars, he still prefers to maintain a long position and prepare for a potential breakout in advance.