Eugene: Stopped out the SOL position due to BTC’s weakening trend and will temporarily step aside to observe.
Trader Eugene posted that, due to Bitcoin’s failure to sustain its bullish momentum, he has exited his long SOL position at a stop-loss and stated he will step aside from the market for the time being.
Previously, Eugene noted that among major assets, SOL had demonstrated stronger relative strength compared to ETH and HYPE, and believed it was most likely to break out first from its three-month sideways trading range. At that time, he pointed out that if SOL decisively broke above $96, the next key resistance level would be near $120—representing approximately 25% upside potential.
