TechFlow, January 08 — Trader Eugene recently expressed renewed optimism for Solana (SOL), stating that among major cryptocurrencies, SOL has demonstrated the strongest upward momentum.
From a technical analysis perspective, Eugene noted that SOL offers the clearest swing trade setup, with a potential target of $160. If Bitcoin manages to break above $100,000, SOL could even reach $200.
Eugene emphasized that price often leads fundamental developments, and that the best entry points typically occur when market sentiment toward an asset is cautious. He stated, "By the time the reasons supporting SOL's rise become obvious, 50% of the gains may have already occurred."
Currently, Eugene is watching for Bitcoin to hold the $90,000 support level and believes the current pullback could be a brief consolidation before another leg higher.
