Today, Sunday, January 18, 2026, the market is in a high-tension consolidation phase. Bitcoin is successfully defending a critical support floor, while Solana is showing signs of institutional accumulation despite minor intraday dips.
Market Update: The "Wait and See" Mode
Bitcoin (BTC): After a failed attempt to hold \$97,000 yesterday, BTC is oscillating in a tight range. It is currently respecting the $$94,600 – \$94,800 support zone. As long as it holds this, the bias remains bullish toward the six-figure milestone..
Market Drivers: The primary focus today is the CLARITY Act legislation. Lawmakers and exchanges are currently at odds over specific clauses, leading to the current sideways movement as traders wait for a regulatory "green light."
Spot Trade Idea: Bitcoin ($BTC )
Bitcoin is building a "base" above its 20-day SMA. This is a classic "continuation" setup if the support holds.
Entry Zone: $$94,800 – $95,300
Take Profit 1 (TP1): $97,900 (Local resistance)
Take Profit 2 (TP2): $99,500 (Psychological milestone)
Stop Loss (SL): $93,500 (Below the recent weekly swing low)
Spot Trade Idea: Solana ($SOL )
SOL has entered a short-term correction after failing to clear the $150 resistance area, creating a prime entry point for spot buyers.
Entry Zone: $$140.50 – $142.50
Take Profit 1 (TP1): $155.00 (First major resistance target)
Take Profit 2 (TP2): $172.00 (Mid-term Fibonacci extension)
Stop Loss (SL): $134.50 (Close below this invalidates the January "Green Month" trend)