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Recently, while staying up late watching Bitcoin's market movements, the surge indeed gives an indescribable feeling. Currently, there are no major positive news in the market; it's just some voices speculating that the crypto market structure bill might be pushed forward this week.
But here's the problem — the market's general expectation is that this bill has only a chance of passing this year, and it's not something that can be finalized this week. Since the implementation date is still far off, can it really become a driving factor for the current rally? Logically, it seems unlikely.
Perhaps the market is speculating on the expectation itself, or maybe there are other factors we haven't noticed that are fueling the momentum. It looks like we need to keep observing.