Coinworld News: Trader Eugene posted stating that against the backdrop of global risk assets weakening overall, the crypto market continues to demonstrate certain strength, marking the first obvious relative strength signal since Bitcoin declined from $60,000. Eugene stated that although he did not catch the bottom, he is more inclined to follow the strong momentum and buy after breaking through the consolidation range, thereby reducing risk. He also pointed out that multiple altcoins are forming relatively natural arc-bottom patterns, with the probability of the overall crypto market moving upward in the near term being relatively high. He added that if Bitcoin effectively breaks through $74,000, it could drive further gains in the overall crypto market, with mainstream assets such as ETH and SOL potentially returning to previous trading ranges, with ETH focusing on the approximately $2,400 level and SOL focusing on approximately the $100 level.

SOL, welfare token, short limit order at 93.6, stop loss at 94.56 (1% stop loss) Target levels: 92.37, 91.51, 90.3