#MarketPullback
Crypto markets are under pressure, with Bitcoin dipping below $94,000, Ethereum sliding under $1,800, and Solana (SOL) falling beneath $145. The sentiment remains cautious as traders assess macroeconomic signals and potential regulatory moves.
Are you buying the dip or staying on the sidelines? Personally, I'm watching for key support levels, improved market structure, and stronger trading volume before re-entering. Patience is a position.
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The outlook for the U.S. Senate’s stablecoin legislation has become uncertain. Despite earlier bipartisan support, nine pro-crypto Democrats—four of whom had backed the bill—have withdrawn their support, citing concerns over national security and anti-money laundering (AML) implications.
Senators Schumer and Warren are reportedly urging lawmakers to oppose the bill, exposing deep divisions around stablecoin regulation.
This ongoing uncertainty could hinder innovation and adoption in the U.S., pushing projects to more favorable global markets. Regulatory clarity is crucial for user confidence and long-term stability in the stablecoin space.
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$SOL continues to be one of the most watched assets. If it finds strong support and broader sentiment improves, it may lead the recovery.
What’s your take—are you accumulating, or waiting for stronger signals?
