6.29 Morning Thoughts Sharing $BTC In the early hours of today, the market once again tested the 59200 support level, triggering a small technical rebound after hitting the bottom. The trading liquidity throughout the weekend remained consistently low, and coupled with the need for repair from the previous significant oversold condition, the price has been oscillating and consolidating within the 59500-61000 range, with balanced long-short forces failing to break through effectively. The overall trading strategy remains unchanged. Based on long-term market patterns, Monday typically sees a short-term concentrated upward push. We are currently looking at 62000 as the highest point for this rebound. However, this rebound is only a short-term repair within the downtrend. Once the price hits resistance at the high, the original downward trend will resume, leaving room for further declines and new lows. In terms of operations, we can capture a rebound at the current low level, strictly using stop-losses, but note that this recovery does not signify a reversal of the bearish trend—it is merely a phase of repair. Wait for the price to rebound to the resistance zone before positioning short positions, buying low and selling high. Monday Morning Strategy BTC: Long near 59500-59000, short-term rebound target 62000 ETH: Long near 1560-1570, short-term rebound target 1610

#CLARITYAct ⚖️ Crypto Regulation’s Biggest Test: 60 Votes or Failure? The critical race to determine the future of the crypto market is accelerating in Washington. The CLARITY Act, which aims to bring clear rules to the digital asset market in the US, faces pressure to pass the Senate before the August recess. Treasury Secretary Scott Bessent, crypto policy team member Patrick Witt, and Senator Cynthia Lummis are strongly supporting the bill's progress. But the real obstacle isn't political pressure. It's mathematics. The threshold needed to advance in the Senate: 🔹 60 votes 🔹 Support from Republicans is largely secured 🔹 Still needs about 7 Democrat votes 🔹 Why is the banks' objection important? At the heart of the debate are stablecoin regulations in particular. Banks argue that stablecoin yields could increase competition with deposits. However, assessments prepared by the President's economic advisors questioned some of the banks' main arguments and argued that the impact of stablecoin returns on the banking system was exaggerated. 🔹 Why is the market waiting for this law? If the CLARITY Act passes: ✅ SEC and CFTC jurisdictional boundaries may become clearer ✅ Legal uncertainty for crypto companies may decrease ✅ Institutional investors' confidence in the US market may increase ✅ A new framework for token classifications may emerge 🔹 Where is the risk? Time. The Senate calendar is tightening. If the law cannot move forward before the August recess, the process may become more difficult due to the election atmosphere. Some analyses suggest that a delay could significantly reduce the likelihood of it being enacted this year. 📊 Market Impact CLARITY Act: 🇺🇸 Could make the US more competitive in crypto regulation 🏦 Could accelerate Wall Street's entry into digital assets ₿ Could be a catalyst for institutional confidence for Bitcoin and major crypto assets But failure: ❌ Extends regulatory uncertainty ❌ Could push companies out of the US ❌ Could slow institutional entry One of the biggest charts the crypto market is currently watching isn't price: It's the voting pattern in Washington. If 60 votes are secured, a new era could begin. If not, the sector could return to a period of uncertainty. 🔥 Do you think the CLARITY Act will pass, or will the US fall behind again in the crypto regulation race? #Regulation #SEC #CFTC $BTC $GT $SOL

Honestly, this chart is really messing with people. 📉🔥😎 A few nights ago before bed, I was watching $SAHARA , SAHARA was still swinging at a high level, seemingly ready to continue up, but each time it tried to go higher it was just short, the resistance above never loosened. What I saw a few nights ago before bed was very straightforward: weak rebounds, weak support, volume didn't follow. At this level I didn't chase longs, instead I preferred to wait for shorts to cash in. Opening a short was just a convenient move; the key was that the position was comfortable 👀 That's the rhythm. When making money, the worst thing is suddenly getting carried away. Don't get emotional about profits. 🚨 Later it went from 0.03269 to 0.01111, a +3179.10% cash-out that looked smooth. Everyone on board should know how comfortable that was 📈✅ Take profits when it's time. On my end, I closed 80% first, moved the remaining 20% directly to cost basis protection. If it continues to drop from here, let the profits run on their own. If you missed it, don't chase. Chasing can easily disrupt your rhythm ⚠️ Wait for the next clear signal before acting. The market doesn't lack opportunities; it lacks patience 🎯 ‍$BTC $ETH