Trader Eugene: Re-entering Long on SOL, with support at $200
BlockBeats News, September 8th, trader Eugene Ng Ah Sio stated on his personal channel, "Since my last post, I have been away from the screen most of the time. I originally expected the market to either oscillate from the high of the range or fall."
However, over the past two weeks, I was pleasantly surprised to see a naturally formed local bottom: BTC is still holding steady at $110,000, and SOL has also formed a higher low, with support at $200.
Setting aside previous biases, the chart seems to suggest that the likelihood of an upward movement is greater than a downward one, but I still remain skeptical about whether we can break through to a new high.
Considering SOL is still a major currency and has the strongest momentum, I am once again risking capital."
You may also like

These days, even hackers are losing money

Arm Chips In-House: Rewire News Brief

IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis

\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors

The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn

CZ's Latest Interview: My Experience is Replicable, Writing a Book to Inspire Young Entrepreneurs

Morning News | Invesco acquires a $900 million on-chain fund from Superstate; ParaFi has raised $125 million for its new fund; Solana Foundation launches developer platform SDP

What is the background of this new fund that the two major prediction market platforms have rarely joined forces to create?

SIREN, another leveraged scam

Token has become extremely popular, and the blockchain is very sad

Tether's major shareholder invests £12 million to support the "British version of Trump" in the cryptocurrency sector

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend

When Backpack backstabs the community

