Recently, the main culprit for this round of correction is regulatory expectations. The "Cryptocurrency Market Structure Act," originally scheduled for a vote on January 15th, has been postponed due to disputes. There will likely be repeated fluctuations afterward, basically waiting for that moment.



Let's analyze three possible scenarios:

**Optimistic Route (40% probability):** The bill passes favorably, pushing BTC through the $100,000 mark, with SOL following explosive growth, breaking out with high volume from $148.4 to target $162. At this point, wait for a pullback to $145 to add positions, with a stop-loss set at $142.

**Sideways Movement (50% probability):** The most likely scenario. SOL oscillates between $137 and $148, as news is still uncertain. The best approach here is to buy high and sell low, engaging in swing trading.

**Black Swan Situation (10% probability):** If the bill contains negative clauses, SOL could fall below the $132 support level. Defensive strategy: short lightly at $135 during a rebound, with a stop-loss at $138, aiming for a target of $125.

In summary, ETH is also watching closely. The next move in the crypto market is basically dictated by the bill.
BTC-5,17%
SOL-5,97%
ETH-6,21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
DeadTrades_Walkingvip
· 01-18 23:06
The bill is unpredictable day by day, and SOL fluctuates between 137-148. There is still room for this wave of trading, it all depends on who can hold on.
View OriginalReply0
MagicBeanvip
· 01-18 13:50
The regulatory bill still has to wait. Right now, entering is just gambling on luck. I prefer to stick with SOL and trade swings comfortably, eating up and down within the 145-137 range.
View OriginalReply0
WalletWhisperervip
· 01-17 23:55
Regulatory big game, really a sword hanging over our heads. I believe in a 50% chance of volatility, but I'm just worried about getting stuck in the 137-148 range.
View OriginalReply0
rekt_but_resilientvip
· 01-16 03:55
Regulatory bickering is really annoying. SOL is here in a tug-of-war. I'm just waiting to buy low and sell high to make some profit.
View OriginalReply0
tx_or_didn't_happenvip
· 01-16 03:53
The regulatory sword has been hanging for so long, I'm already tired of it. A 50% chance of volatility is the most frustrating, just can't see the direction clearly, and it's the easiest to be shaken out.
View OriginalReply0
NFTDreamervip
· 01-16 03:52
The bill thing really wears people out. Waiting for news every day feels like watching a soap opera. It's better to slack off and do some swing trading for stability.
View OriginalReply0
LightningHarvestervip
· 01-16 03:49
Let's wait for the bill to be finalized; anything said now is pointless. It all depends on how the regulators handle it.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)