The U.S. Supreme Court yesterday delayed the announcement of a certain policy ruling, and this news clearly eased market sentiment. The market surged towards the 98 level, and this wave of rally effectively cleared the short-term floating positions accumulated around that price point, with market participation noticeably increasing.



What truly deserves attention is the news today—on January 15th, the "Cryptocurrency Market Structure Act" was officially submitted for review. For the entire crypto community, this is a key step in the compliance process, signaling increasingly clear policy support. Such positive news often becomes a turning point for the market, but the subsequent trend still needs to be observed.

Currently, both BTC and ETH are worth watching, and institutional interest in increasing holdings at this point seems quite high. From technical to policy perspectives, conditions are gradually converging.
BTC-2,46%
ETH-2,62%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
BridgeTrustFundvip
· 6h ago
The compliance process is indeed accelerating, and the actions of institutions at this stage are worth pondering. Wait, can the bill really pass? It feels like every time they say it's a critical step, and then... The recent clearing of chips at 98 was quite aggressive; those who bought at the bottom should be smiling now. With both policy and technical factors coming together, this time it seems truly different? Don't just look at the positive news; you need to see if institutions are really pouring money in. The path of compliance always feels like the US takes one step forward and three steps back. Has BTC broken a new high? Still grinding? The enthusiasm of institutions isn't so easily released.
View OriginalReply0
JustHereForMemesvip
· 14h ago
The bill submission and review process feels like the air coins are about to take off again. Institutions are accumulating, while retail investors are still hesitating. The 98 level has been cleaned out; can it really break 100 later? The promised regulatory benefits still depend on how the subsequent policies are implemented. Let's consider this wave of gains as a surprise for 2024.
View OriginalReply0
MeaninglessApevip
· 14h ago
Hey buddy, the bill is really coming, and now the institutions are probably getting restless. The policy direction has changed, and compliance is finally looking promising. The way the 98 wave surged and cleared out the orders was really impressive; the bears need to suffer some losses. Are institutions increasing their holdings with enthusiasm? Then we need to keep up the pace and not fall behind. Bitcoin and Ethereum are at a critical point, it feels like the prelude to takeoff. Once the bill is out, this turning point feels solid; once the groundwork is laid, we're just waiting for the trigger. Our circle is finally welcoming policy benefits; it was about time.
View OriginalReply0
ShitcoinConnoisseurvip
· 14h ago
The bill submission and review process really feels like it's about to change. Institutions are stockpiling, I need to keep up with the pace. The 98 level has been mostly cleaned out, let's see if it can stabilize later. The general trend towards compliance is correct, just worried it might all be for nothing again. Who will break out first, BTC or ETH? We'll follow whoever does.
View OriginalReply0
DeFiDoctorvip
· 14h ago
Floating supply cleaning, institutional accumulation, bill approval... The medical record shows that this wave indeed has some substance. But don't be fooled by the sugar-coated artillery on the policy front; the key is still to watch the subsequent liquidity indicators, whether the 98 line can hold is the real measure.
View OriginalReply0
gaslight_gasfeezvip
· 14h ago
There is finally some reliable news about the compliance bill submission, but don't get too excited yet; it still depends on how it will be implemented later. Are institutions really increasing their holdings at this time, or is it just the eve of another round of retail investors being cut? The clear-cut liquidation at the 98 level feels decisive; it seems the market will either surge or crash sharply, with no middle ground. The policy support signals are clear, so why do I still feel a bit skeptical... The real turning point might not have arrived yet. This wave of price increase has boosted participation, but are retail investors just the bagholders?
View OriginalReply0
MysteryBoxBustervip
· 15h ago
Once the compliance bill is out, institutions really can't sit still. This wave is indeed different. Wait, is it really the same old rhetoric? When good news is exhausted, it's all bad news. I'm still a bit skeptical as long as the 98 line isn't broken. I've heard too many words about clearing out floating positions. Is the crypto circle finally going to land? Let's see if it can really materialize before jumping to conclusions. Are institutions increasing their holdings enthusiastically? Then I need to be more cautious; I won't be the bag holder. Policy convergence is a good thing, but is the technical side really stable? I feel like I need to confirm repeatedly. This is a signal that the regular army is entering; retail investors need to keep up with the pace.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt