7.23 early morning thoughts

Last night, the upside came from the positive news that the U.S. CLARITY Crypto Bill reached consensus between two parties on ethical provisions. The BTC surged and touched the 66,900 zone, then short-term profits were quickly consolidated and realized. In the early hours, it has been fluctuating in a narrow range around 66,300.
This rally was driven purely by regulatory sentiment speculation. The spot market trading volume did not see a synchronized surge, and no new off-exchange incremental inflow entered the market. This is a typical “good-news pulse” momentum—after the surge, money had already sold in advance and expected to run, and the momentum to push higher is clearly not strong enough.

BTC pullback to watch around 66,700-67,200, target toward 65,300-64,800
ETH pullback to watch around 1,970-2,010, target toward 1,910-1,870
$BTC $ETH #Gate事件合约首发狂欢