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

BlockBeats News, January 12th, trader Eugene Ng Ah Sio posted in his personal channel, stating, "The trading plan remains unchanged, firmly holding to wait for an upward move."

Previously, on the 8th, Eugene said, "Re-entering SOL. In this rebound, I have been looking for an asset worth focusing on, and so far, SOL has shown the strongest relative strength among the top three mainstream coins. From a technical analysis perspective, SOL also presents one of the cleanest trading setups, with the potential to reach $160 or even $200 in a swing upward, provided that this trend continues and there is a chance for Bitcoin to move towards $100,000 in the future.

I believe SOL has enough "counter-consensus"—it's hard for people in the market to find sufficient reasons to go long at the moment, which usually marks the best entry point. When all the reasons are on the table, the market has often already moved 50%. Now I just hope that Bitcoin can hold $90,000; this retracement is just the first shakeout before the rise, and then we can start a new uptrend."