According to BlockBeats, on January 12, trader Eugene Ng Ah Sio shared on his personal channel that his trading strategy remains unchanged, as he continues to hold and wait for SOL to rise.
Previously, on January 8, Eugene stated that he had re-entered the market with SOL, identifying it as a key asset to focus on during the current rebound. Among the three major cryptocurrencies, SOL has shown the strongest relative strength. From a technical analysis perspective, SOL offers one of the cleanest trading patterns, with the potential to rise to $160 or even $200, provided the current market trend continues and Bitcoin has the opportunity to reach $100,000.
Eugene believes that SOL is sufficiently 'contrarian,' as market participants may struggle to find enough reasons to go long, which often presents the best entry point. By the time all reasons are evident, the market trend is usually halfway through. He hopes that Bitcoin can maintain the $90,000 level, viewing the current pullback as the first shakeout before a new upward trend begins.
