Trader Eugene Ng Rebuilds SOL Position, Eyes $160–$200 Target

Trader Eugene Ng Ah Sio disclosed on Jan. 8 that he has rebuilt his SOL position, citing the token's strongest relative performance among major cryptocurrencies. Based on his technical analysis, SOL displays one of the cleanest trading structures and could swing toward $160 or even $200 if the market uptrend persists and Bitcoin approaches $100,000. Ng noted that SOL remains sufficiently contrarian as many participants lack conviction to go long, adding that he hopes Bitcoin holds $90,000 to frame the recent pullback as an initial shakeout before another rally.