Trader Eugene Ng,
In his opinion,
SOL's breakthrough of $150 is the final confirmation signal of the bull market.
Well-known trader Eugene Ng Ah Sio said on the X platform:
If this is indeed the beginning of a sustained rebound, it is hard to imagine that SOL will stay below $150 for a long time.
SOL has been stable at the iron bottom support level of $120 after multiple tests.
Another competing L1 chain has more than doubled when the price of SOL was low.
In his opinion, this is the last confirmation signal of the upcoming bull market.
