🤯The White House just let it slip! Bitcoin market structure bill "about to pass"! Trump ready to sign?

Brothers, raise your hand if you're still up late on the weekend 🙋‍♂️

Just saw a piece of news that woke me right up—White House officials stated outright: the Bitcoin and cryptocurrency market structure bill is "about to pass," and Trump will "sign it immediately."

Note the wording—"about to" and "sign immediately."

In Washington, they don't usually speak in absolutes. Using these two words means things have already progressed to a very deep stage. This bill (commonly known as the CLARITY Act) has already passed the House of Representatives and the Senate Banking Committee. Now it's stuck at the final step—a full Senate vote.

But the problem is, the Senate needs 60 votes to pass it. Republicans only have 53 seats, so at least 7 Democrats need to flip. Earlier, negotiations broke down over ethics clauses regarding the president's crypto holdings, plus enforcement disputes over developer protection provisions, which delayed the July 4th target.

However, the latest news is that the enforcement coordination group MCSA, which originally opposed the bill, has shifted from "opposing" to "neutral"—the vote count is starting to loosen.

At this critical juncture, a White House official coming out to speak sends a clear signal: the bill is accelerating toward the finish line. With the NOBLE enforcement organization publicly endorsing it and over 200 crypto companies applying joint pressure, the probability of passage has risen from 40% to over 50%.

If passed, the regulatory boundaries between the SEC and CFTC will be completely clear, establishing clear rules for crypto exchanges and token issuers—something the crypto space has been waiting years for.

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Back to the charts 💰

As of early July 6, $BTC ‌is quoted at $62,592, with a 24-hour low of $62,410 and high of $63,450.

Bollinger Bands: upper band at $63,108, middle at $62,790, lower at $62,473. Price is hovering near the middle band, bands are narrowing—classic precursor to a breakout.

RSI(6) is only 35.3, near oversold territory, meaning short-term sell pressure has mostly been released. After a V-shaped rebound from the $58,000 low, price is now consolidating sideways in the $62,500-$63,200 range.

This position is very delicate—above, $63,500-$64,000 is strong resistance; below, $62,000 is the short-term lifeline. The direction of the breakout may determine the trend for the next week.

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My take 👇

The news is bullish, the technicals are range-bound—they're fighting each other. If the bill really lands in the next few days, the boost to market sentiment will be tangible, since this is the first time the US has established a comprehensive regulatory framework for the entire crypto industry. But before it lands, uncertainty is the biggest uncertainty.

On operations: at this level, I wouldn't recommend blindly chasing highs. If it pulls back to near $62,000 and holds, that's a relatively comfortable observation point. If it breaks above $63,500 with volume and holds, short-term space may open up to $65,800-$67,000. If it drops below $62,000, then watch for defense at $60,000.

Position management is always more important than direction prediction—this sentence is worth a lot of money; those who know, know.

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⚡A few takeaways:

① Policy-driven moves see the most volatility around news release; don't chase or dump at the moment of announcement
② Bollinger Bands narrowing + RSI low—the breakout signal is here; be prepared for both directions
③ The $62,000 level has been repeatedly tested over the past few months; its importance goes without saying
④ Don't put all your chips on one side; no one can accurately predict the breakout direction

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👆The above is just my personal observation and thinking on the market, and does not constitute any investment advice. Everyone is responsible for their own positions.

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#BTC #比特币 #行情分析 #加密市场 #交易心得