🔥【Breaking! SEC Cancels Crypto Meeting at the Last Minute, the Script Has Completely Changed—Is Bitcoin Heading Back to $50k🤔?】 On August 14, the SEC was originally scheduled to vote on the Reg Crypto proposal, but the meeting was canceled at the last minute. The official reason was “unforeseen scheduling conflicts,” and no new date has been announced yet. What’s more interesting is that the SEC only issued the notice on August 11 and canceled the meeting on August 13—less than 48 hours later. What does this pace indicate? Regulators most likely still haven’t reached an agreement internally. For the broader market, $BTC ‌ is still hovering around $63,000, down about 3.2% over the past week. $ETH ‌ has it worse—$1,900 remains out of reach, with the price currently struggling around $1,880. Frankly, a single regulatory event has limited impact on the broader market, so there’s no need to rush into chasing gains or cutting losses. But the sectors truly taking a hit are new projects and token issuance. The SEC had originally planned to create an exemption pathway for crypto startups, but with this delay, compliance costs will continue to weigh on them. The CLARITY Act is also stuck in Congress and cannot move forward until September 15, with the probability of passage already falling below 20%. How should you respond in the short term? For BTC, watch the weekly support level at $63,220 and make sure the close does not break below it. For ETH, watch the $1,850 support and $1,900 resistance. Short-term traders can sell high and buy low within the range, while long-term traders should wait until the direction becomes clear. Don’t treat a single regulatory event as a trading signal—it can easily trigger a wick. The regulatory deadlock has no short-term solution, but the industry adoption trend has not stopped. Going forward, focus on two things: when the SEC reschedules the meeting and how the Senate advances the CLARITY Act on September 15. Remember: News can be traded, but positions cannot be gambled with. Risk management always comes first. Follow me for the first interpretation of regulatory developments 🧐$COW ‌ #我的七夕交易分享

$ETH continues to hold up very strong. If $BTC finally enters its blow-off phase toward ±$450K, I expect $ETH to reach the orange box. From an Elliott Wave perspective, that would complete the expanding wedge with an impulsive C-wave. Counterintuitive but interesting.

On August 15, 2026, ETH futures traded weakly within an extremely narrow $1,850-$1,950 range, with highs declining step by step to $1,889. A major market move is imminent. The key resistance zone above is $1,920-$1,950, while the short-term critical support is $1,850-$1,860; a break below it would trigger a decline toward $1,830-$1,845. 30-day volatility has been compressed to a historical extreme of 1.68%. The last time this pattern occurred, it triggered a one-sided plunge of over 36%, indicating that the futures market has built up substantial momentum for a major move. Funding rates are weakening, open interest has fallen to its lowest level since May, and both major players and retail traders are stepping aside to wait, sharply tightening liquidity. Trading strategy: The risk-reward ratio for trading within the current range is extremely poor, so it is advisable to observe more and trade less. Wait for a high-volume breakout above or breakdown below the $1,850-$1,950 range, then follow the trend. $ETH #我的七夕交易分享