Top trader Eugene: Market will continue to rise after the election, optimistic about Solana

According to BlockBeats, on October 27th, top trader Eugene Ng Ah Sio analyzed the current market situation on social media as follows: 1. The speculative long positions in October have been largely wiped out. 2. I believe most people plan to avoid risks in the election about a week after November 5th. This catalyst only advanced the time by a few days (which is why I was on the defensive a few days ago) 3. Considering everything happening on Solana today, SOL is undoubtedly the clear asset choice since the AI memecoins craze. 4. From a technical analysis perspective, SOL retested the resistance level for 6 months and transformed it into a support level after showing extreme relative strength, which is the buying point. Now that the positioning is clear and prices have significantly increased, we believe we can continue the upward trend after the election.