Eugene: The trading plan remains unchanged, HODL strong awaiting SOL upward movement

BlockBeats News, January 12th, trader Eugene Ng Ah Sio posted on his personal channel, stating, "The trading plan remains unchanged, firmly holding to wait for SOL's upward movement."

Previously, on the 8th, Eugene stated, "Replenishing SOL position. During this rebound, I have been looking for an asset worth actively participating in. So far, SOL has shown the strongest relative strength among the three major coins. From a technical analysis perspective, SOL also presents one of the cleanest trading setups, with the potential to rise to $160 or even $200 in a swing trade, provided that this trend continues and there is an opportunity for Bitcoin to reach $100,000 in the future.

I believe SOL has enough "counter-consensus" — it is difficult for people in the market to find sufficient reasons to go long at the moment, which usually is the best entry point. By the time all reasons are on the table, the market has often already completed 50% of the move. Now I just hope that Bitcoin can hold at $90,000. This retracement is just the first shakeout before the rise, followed by a new uptrend.