Trader Eugene: The cryptocurrency market shows relatively strong signals, and bullish sentiment is returning.

CycleProphet · 2026-03-16T07:41:17+00:00

Eugene posted on Deep Tide TechFlow, stating that under the backdrop of declining global risk sentiment, the crypto market is performing strongly, believing there is an uptrend in the short term. He noted that BTC surpassing $74,000 would trigger a comprehensive rally, while predicting target prices for ETH and SOL at $2,400 and $100 respectively.

CycleProphet

2026-03-16 07:41:17

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Deep Tide TechFlow News, March 16th, trader Eugene posted that he has turned bullish and pointed out that despite the global risk sentiment declining, the crypto market still maintains a strong performance. This is the first clear sign of relative strength since the price collapsed from the $60,000 high.

Eugene stated that his trading style tends to buy on breakout after consolidations rather than bottom-fishing, to control risk. He also observed that several altcoins are forming natural rounded bottom patterns, believing that the short-term upside probability for the crypto market is higher.

He further noted that if BTC effectively breaks through $74,000, it will likely trigger a full market rally, with main tokens ETH and SOL expected to return to previous ranges, with target prices of $2,400 and $100 respectively.

BTC2.74%

ETH9.11%

SOL6.47%

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