This is only a personal opinion. The scenario must be like this before the halving, so that the price tends to be corrected sideways, until after the halving then it will rally like crazy. Smart investors will see this as an opportunity that will not be obtained again in the next few months. You definitely have to be vigilant, but excessive fear can actually be an obstacle to your investment success!
It is quite clear that the SEC vs Binance case can also be considered as FUD which can impact the market. In the previous half, Covid was FUD which also had an impact on bitcoin capitalization, and if people realize that then they'll be pretty optimistic about hold their asset in long term.
I don't think we can compare it though if we are talking about FUD. Covid-19 is real, so as far the huge drop last March 2020, it was the scare on what could be the effect of the pandemic not just for us, but for the whole market and the world. But after everything has settled down, bitcoin remains so resilient and it become a hedge against Covid-19.
The troubles with the SEC and Binance may not be over, but they just seem more in control than before. Binance is not running from prosecution, they are defending themselves with what they have. Maybe it would be good if everyone believed that it was just FUD going on for a while, and after that the market would move up.
Yes, it's not over yet, we haven't seen the decision, but it seems that Binance is ready and I doubt that there will be lingering effect on the market itself regardless of the negative outcome of the case.