According to Svmuu, 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.
Trader Eugene: SOL Leads Major Coins with Relative Strength, Could Be First to Break 3-Month Consolidation Range
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
-
2
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
-
3
South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
-
4
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
-
5
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
-
6
Samsung Electronics is down 5.82% from its previous close, now trading at ₩218,500.
-
7
SK Hynix is down 8.06% from its previous close, now trading at ₩1,403,000.
-
8
The Shanghai Composite Index fell 1.16% from its previous close to 3,609.01.
-
9
Analysts: Middle East Conflict Supports Energy Storage Demand, CATL, BYD, and Gotion High-tech Expected to Benefit
-
10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
Markets Today
Recommended Reading


