SOL breaks through the $140 mark

According to The Block, the Federal Reserve announced that it will remove "reputation risk" from its banking review criteria and instead use more specific financial risk indicators for assessment. This adjustment aims to provide clearer guidelines for banking regulation and may also enable banks to better serve digital asset companies and other participants in the cryptocurrency industry, as the industry has previously complained that "de banking" has hindered the development of cryptocurrency in the United States. The Federal Reserve emphasized in its statement that this move does not change the basic requirements for bank risk management, but will provide clearer regulatory guidance. Wyoming Senator Cynthia Loomis called it&34; Stage Victory&34; At the same time, it is pointed out that further efforts are needed to promote policy improvement. This decision aligns the regulatory standards of the Federal Reserve with those of the Office of the Monetary Authority (OCC) and the Federal Deposit Insurance Corporation (FDIC).

OKX-BTC/USDT is currently trading at $105977.90, with a 5-minute increase of 0.66%. Please be aware of market fluctuations.

OKX-ETH/USDT is currently trading at $2398.91, with a 5-minute increase of 0.80%. Please be aware of market fluctuations.

OKX-BTC/USDT is currently trading at $105080, with a 5-minute increase of 0.68%. Please be aware of market fluctuations.

The current 90 minute cycle K-line shows that BTC price is above the EMA24/52 moving average, showing an upward trend. At the same time, the appearance of the red three soldier pattern, coupled with the continuous growth of the MACD bar chart, indicates that the upward momentum is still strengthening. However, the membership indicator shows that KDJ has entered the overbought zone, with an extremely overbought J value, indicating a high risk of a pullback. In addition, the distribution of chips shows a strong resistance zone near 104693.5, with a significant peak in trading volume. The current price is approaching the region, and if there is no significant volume breakthrough, it may trigger a retracement to the support level of 104046.5. Open a membership now, get accurate buying and selling point tips, and seize the trend opportunity! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.