Yesterday, the market was still seeing a dramatic sell-off. Today, it has shifted straight into a grueling sideways trend, with BTC seesawing around 76,000 and ETH holding above 2,240 with modest fluctuations. A major story has been making the rounds in the crypto community: Solana had planned to run ads and hold in-person events in China, but regulators shut it down. The central bank made it clear that virtual-currency-related business is an illegal financial activity. Many people were still hoping public blockchains could establish a foothold in China, but this has poured cold water on those expectations. You can clearly feel the impact on the market: after the news broke, SOL came under short-term pressure, and funds started flowing back into BTC and ETH as safe havens. The Fear and Greed Index is currently in the fear zone. In a market like this, don't casually bet on a one-way surge—sideways markets are where stop-losses are most easily swept, so be sure to manage your position size when trading futures.$ETH
