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.
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DeadTrades_Walking
· 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.
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MagicBean
· 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.
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WalletWhisperer
· 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.
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rekt_but_resilient
· 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.
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tx_or_didn't_happen
· 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.
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NFTDreamer
· 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.
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LightningHarvester
· 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.
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.