Bitcoin (BTC) 
$62,561 has begun to decline again from the $100,000 level, with significant losses accumulating over the past 24 hours. As the article was being prepared, the price had established a new low at $92,500. This downturn in Bitcoin is negatively impacting altcoins, including Solana 
$80 (SOL) and Chiliz (CHZ), as unfavorable U.S. data amplifies selling pressure and key support zones are being tested.
Solana (SOL)
In a bearish scenario, the SOL Coin price could drop to $188. At the time of writing, it was attempting to recover from this local low. Should the search for a new low continue, this could reach $176. SOL Coin has consistently underperformed, leading to considerable disappointment for those anticipating a rebound.
A recovery level for SOL Coin investors will be established when it regains the $202-203 mark. If successful, this could initiate a movement towards the $220 and $228 range. The performance in January will largely depend on how Trump addresses cryptocurrencies. Closing above $228 could pave the way for new all-time highs above $264.7.
Chiliz (CHZ)
Despite numerous attempts, Chiliz (CHZ) Coin continues to face setbacks. Optimism surrounding the news flow for CHZ remains intact until mid-year, despite the influence of Bitcoin’s decline. Although CHZ lost the $0.0856 support, it has not dipped below $0.072, which has been a focal point for months.
Should the CHZ price continue to fall, it might test the levels of $0.072 and $0.059. However, if Bitcoin rebounds and allows altcoins some breathing space, surpassing $0.0946 could lead to higher targets around $0.1163 and $0.1431. It would be promising to see CHZ Coin surpass $0.1681 and aim for $0.3 by year-end, especially as leagues conclude in May and champions emerge.
With only 12 days until Trump takes office, there’s hope that his advanced age won’t cause him to forget his promises regarding cryptocurrencies.
