SOL's technical structure is clear, and traders are optimistic about a rebound opportunity at the beginning of the year.

BlockBeats News, in mid-January, renowned trader Eugene Ng Ah Sio pointed out while analyzing recent market trends that, in the current asset rotation, Solana(SOL) has shown relatively outstanding performance among mainstream cryptocurrencies. According to real-time data, SOL is currently quoted at approximately $133.76, while Bitcoin(BTC) hovers around the $92.90K level.

Most Convincing Technical Perspective

From a technical analysis standpoint, SOL exhibits a clear and regular trading structure, which is relatively rare among mainstream cryptocurrencies. The trader noted that compared to the complex movements of other leading assets, SOL’s technical pattern is easier to accurately assess, making it one of the core reasons for rebuilding positions.

Based on current technical performance projections, there is a possibility for SOL to break through to $160 or even $200. The prerequisite for this judgment is that the upward trend can be confirmed and sustained, and whether Bitcoin can hold steady above $90,000 will be an important reference indicator. If Bitcoin subsequently has the opportunity to break through the $100,000 mark, SOL, as a star asset in the ecosystem, will have greater imagination space.

Market Awareness Lag Is the Buying Point

The trader emphasized an important market rule: prices often move ahead of narratives. When market participants can find sufficient reasons to go long, the trend has usually already priced in the main rally. Conversely, at this stage, SOL faces a “counter-consensus” situation — it is difficult to reach broad consensus within the market, which precisely indicates a potential turning point.

He mentioned that, based on historical experience, by the time all logic and narratives are laid out on the table, the market has often already risen by more than 50%. This means that the current entry opportunity might be the best window, as most market participants are still in the wait-and-see phase.

Short-term Adjustment Is an Opportunity to Build Positions

The trader believes that Bitcoin’s oscillation around $90,000 is essentially a shakeout behavior before the start of a large-scale upward trend. This round of correction should not be understood as a trend reversal signal but as preparation for a new upward cycle.

Because of this reasoning, he is gradually increasing his holdings of SOL to capture potential gains during the rebound. This strategy of gradually building positions at relatively low levels reflects the trader’s relatively optimistic outlook on SOL’s medium-term trend.