SOL deepens correction with downside risk toward $67.50.
Solana’s price corrected nearly 4% in the previous week, extending its six consecutive weeks of losses since mid-January. Solana price started the week on a negative note, trading 6% down, nearing the lower consolidation boundary at $76.45.
If SOL closes below the lower consolidation boundary at $76.45 on a daily basis, it could extend further losses toward the February 6 low at $67.50.
The Relative Strength Index (RSI) reads 31, pointing downward toward the oversold conditions, indicating bearish momentum gaining traction. The Moving Average Convergence Divergence (MACD) lines are converging, indicating indecisiveness among traders.
Stock market today: Dow, S&P 500, Nasdaq futures slip amid Trump tariff fallout, with Iran-US talks on deck.
US stock futures sank Sunday evening following a ruling by the US Supreme Court that refuted the legality of a President Trump's most sweeping tariffs, bringing new uncertainty to his key economic policy priority.
Futures tied to the Dow Jones Industrial Average dropped 0.6%. S&P 500 futures fell 0.7%, while Nasdaq 100 futures plunged around 0.9%.
$ETH trade has been executed successfully now waiting for the targets to accomplished
BeyOglu - The Analyst
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Hausse
$ETH Trade Set up Ethereum is near to make a breakout of the Symmetric Channel on 1hr Timeframe. Entry: $1955-$1970 Tp1: $2040 Tp2: $2150 Tp3: $2300 Tp4: $2380 Stoploss: $1915. book profit partially and if you're a scalper take exit on target 1 this is swing trade setup. {spot}(ETHUSDT)
$ETH Trade Set up Ethereum is near to make a breakout of the Symmetric Channel on 1hr Timeframe. Entry: $1955-$1970 Tp1: $2040 Tp2: $2150 Tp3: $2300 Tp4: $2380 Stoploss: $1915. book profit partially and if you're a scalper take exit on target 1 this is swing trade setup.
🚨 THE WHITE HOUSE HAS SET A MARCH 1 DEADLINE TO MOVE THE CRYPTO MARKET STRUCTURE BILL FORWARD.
The core issue has now been decided, and it goes against crypto firms and stablecoin holders: no yield on idle balances.
Today’s meeting was led directly by the White House, which brought draft text and controlled the discussion. Coinbase, Ripple, a16z, and crypto trade groups attended. Banks were represented through national banking associations.
The draft makes it clear that firms will not be allowed to offer rewards simply for holding stablecoins. The savings account style yield model is effectively off the table.
The debate has narrowed to whether rewards can be allowed only when tied to specific activities such as lending or other structured use.
The draft also gives the SEC, Treasury, and CFTC the power to enforce the ban on idle stablecoin yield, with penalties of up to $500,000 per violation per day.
Banks are still pushing for a deposit outflow study to examine whether payment stablecoins could reduce traditional bank deposits. However, the broader market structure bill is still viewed as positive for crypto overall.
It aims to create clearer rules around custody, exchange oversight, token classification, and the roles of the SEC and CFTC. A formal framework would reduce regulatory uncertainty that has limited institutional participation.
For crypto firms, clarity on what is allowed and what is not could unlock more long term capital, even if certain yield models are restricted.
Talks will continue this week, and an end of month agreement is realistic.
After that, a formal framework could be ready by March 1, and the bill would move to the next stage.
2 targets of $WLFI has been hit so far, now it is consolidating below the resistance of target 1. To keep the continue the bullish momentum WLFI must make a day close above target 1 that is 0.12$