Where is the future of BTC

BTC is in a very awkward position now, classified as a "risk asset" in asset positioning. Any news or market fluctuation is the first to cause a crash for BTC. Funds seeking profits have chosen tech stocks, those seeking stability prefer U.S. bonds, and even gold is being continuously bought by major countries. BTC has completely lost its positioning; aside from contract gamblers' funds, I can't think of any investment logic.
The current crypto market is the worst in history. I have experienced two complete bull and bear cycles in the crypto world, and since 2016, I have never felt such despair. Even during past bear markets where prices dropped daily, there was confidence that the next four years would reach higher peaks. But now, the trend has completely changed. Everyone is clear that the next ten years will be dominated by AI. Liquidity is extremely poor, and BTC is heavily manipulated through contract buybacks. From a return perspective, it’s even less attractive than privacy coins like ZEC, HYPE, DASH—at least the whales behind privacy coins are genuinely willing to pump the market, unlike BTC whales who lack strength and are greedy.
The only hope now is the CLARITY bill and stock tokenization. The CLARITY bill provides BTC with a legitimate asset classification and clarifies regulations against manipulation. Stock tokenization offers better investment options for the crypto space, capturing the gains from AI tech stocks. Especially since Chinese investors currently cannot participate in U.S. or Korean stock markets, once the crypto market opens up, a large influx of capital is expected. The day before yesterday, the SEC delayed the decision on stock tokenization, likely because it needs to be legalized through the CLARITY bill.
The current progress of the CLARITY bill: the President's signature—The White House initially aimed to sign it before July 4, 2026, but the timetable is tight (must be completed before the August recess).
Be patient, only 2 months left!!