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Will it surge or crash in the morning? Let's see if this post gives me a surprise. Anyway, I've got my physical holdings ready, hoping the morning won't disappoint me
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The current key support level was previously a strong resistance in the earlier phase. After breaking through, it is now undergoing a retracement test. If it can hold steady and form a bullish structure, it may target 98,000 to 99,000 in the near term; however, if it breaks down with increased volume and forms a bearish pattern, it would signal the end of the adjustment and the start of a new deep decline. Watch this area closely—directional choice is imminent.
U.S. Senate Banking Committee Chairman Tim Scott previously stated that a hearing on the Cryptocurrency Market Structure Act will be held on January 15, but negotiation documents show that there are still four areas where consensus has not been reached, with main points of contention including: 1. DeFi: requiring oversight of decentralized finance (DeFi) equivalent to that of U.S. federal regulated financial institutions, but its fundamental definition and issues remain unresolved. 2. Stablecoin yields: the GENIUS Act stipulates that stablecoin issuers cannot offer interest, but their affiliated companies can provide returns and customer reward programs. The banking industry believes this could threaten their core deposit business, and some Democrats wish to limit crypto-related yields. 3. Ethical standards: requiring a ban on senior U.S. government officials deriving personal benefits from cryptocurrency activities. 4. CFTC: the U.S. Commodity Futures Trading Commission (CFTC) will play a leading role in cryptocurrency regulation, but must balance the allocation of seats in the CFTC between the two major political parties. #加密市场观察
Closing In on Our First Major Milestone — 30K Followers!
We’re just a small step away from hitting 30,000 followers, our first big milestone on Binance Square. Reaching this level also unlocks the next phase on Binance — something that truly represents growth, consistency, and trust built together.
If you find value in my content, your support means everything: Follow to stay connected Like & Share to help the content reach more people Comment honestly — your feedback helps me improve and grow
A heartfelt thank you to everyone who has supported this journey so far. Nothing here was possible without you. Let’s push a little more and cross 30K together