TechFlow reported on March 31 that trader Eugene posted on his personal channel stating he had established a medium-sized long position in SOL around the $125 level.
Eugene believes that the market's sharp move from 88K down to 82K has already released some risk, and with catalysts from GME and MARA, as well as the evolving extreme tariff scenario on April 2, the current level presents a favorable risk/reward (r/r) ratio. He also noted that the downside stop-loss level is now relatively clear.
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