Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
🚨 The Clarity Act has been passed! BTC surges violently, but how far can this wave go?
Friends, you all saw the big news last night! The U.S. Senate Banking Committee passed the Clarity Act with a 15-9 vote, and the crypto market was instantly ignited—Bitcoin broke through $82k!
This is a milestone in U.S. crypto regulation history—the bill explicitly classifies Bitcoin as a "digital commodity" under CFTC jurisdiction, greatly reducing legal uncertainty.
But don’t celebrate too early; there are still 2-3 hurdles before the bill is truly enacted. The two versions of the bill in the Senate need to be merged, the entire chamber requires 60 votes, and the President’s final signature is needed. Currently, the White House’s deadline is July 4th.
Don’t forget to look at the underlying data—ETF outflows are hitting record levels, and institutions are taking advantage of the good news to sell. Is this wave a bull rebound or just the last trap?
However! ETF outflows are hitting record levels—the biggest hidden risk
On May 13th, a single-day net outflow of $635 million, the largest single-day withdrawal since Bitcoin spot ETFs launched, BlackRock IBIT: -$285 million (continuous outflows for several days); Ark ARKB: -$177 million; Fidelity FBTC: -$133 million;
This is an extremely divided signal:
Retail investors are FOMO chasing gains; institutions are using the good news to sell.
Two consecutive days of ETF outflows, with a total outflow of $841 million this week. Institutions are “selling on the news.”
The final conclusion: passing the Clarity Act is a major positive, a long-term bullish signal for the crypto market. But in the short term, watch the rhythm—ETF outflows are record-breaking, and institutions are taking advantage of the good news to sell. This is not a sign of a market start but a “profit-taking” structure.
The market is volume-driven and rising, but resistance above is heavy. From a technical perspective, above $82,000 is a strong resistance zone at the 200-day EMA, and a direct breakout is unlikely. More likely, it will oscillate between $80,500 and $82,500.
$82,300–$82,800 remains a strong resistance zone. If it encounters resistance here and pulls back, the “money-giving zone” for shorts remains valid.
Powell’s resignation tomorrow adds an unpredictable variable.