SOL and BTC Key Support Levels Analyzed by Trader

According to Odaily, trader Eugene Ng Ah Sio shared insights in a Telegram group regarding key support levels for SOL and BTC. He identified $80 as a critical support level for SOL, suggesting it as a potential buy point for mean reversion. However, if SOL falls below $80, the next significant support could be at $25. For Bitcoin (BTC), Eugene anticipates strong support in the $74,000 to $76,000 range. He noted that if MicroStrategy does not engage in large-scale selling, $52,000 could serve as a solid support level. Conversely, if selling occurs, $25,000 might become the new bottom. Additionally, Eugene has removed Ethereum (ETH) from his portfolio, indicating a cautious outlook on its short-term prospects.