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Trader Eugene is optimistic about SOL: target price $160-$200
Deep Tide TechFlow News, January 08, Trader Eugene recently expressed renewed confidence in (SOL), believing that among mainstream cryptocurrencies, SOL shows the strongest upward momentum.
From a technical analysis perspective, Eugene pointed out that SOL offers the clearest swing trading setup, with a potential to reach $160. If Bitcoin can break through $100,000, SOL might even hit $200.
Eugene emphasized that prices usually lead fundamental news, and when the market is cautious about an asset, it is often the best time to enter. He stated, “When the reasons supporting SOL’s rise become clear, a 50% increase may already be achieved.”
Currently, Eugene is hoping Bitcoin can hold the $90,000 support level and believes that the current pullback may be a short-term correction before continuing higher.