Trader Eugene: SOL Relatively Strong Leading Altcoins, Could Be First to Break 3-Month Consolidation Range

Odaily Planet Daily News Trader Eugene stated that among mainstream crypto assets, Solana (SOL) is currently showing the strongest relative performance, demonstrating a clearer structural advantage in comparison to Ethereum (ETH) and HYPE, and is expected to become the first mainstream 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, the next target zone above would be around $120, representing a potential gain of approximately 25%. He stated that as long as Bitcoin does not fall below the key support level of $80,000, he still prefers to maintain a long position and position himself in advance for a potential breakout rally.