$BTC defends 78,700 while two quiet regulatory bombs just dropped.

Price check: Bitcoin printed an interval buy signal near 78,725 and is holding the line. Bulls target a reclaim of 80K; bears watch 76K support underneath.

What's brewing behind the candles:

• Thailand's SEC opened public comment on draft rules for spot $BTC and $ETH ETFs — Asia's regulated-access club keeps expanding.

• 39 US state banking associations are building a nationwide "BankChain" network — blockchain rails wired straight into traditional banking.

• A Fed official warned soaring US debt may scare away bond buyers — the classic hard-asset bull case writes itself again.

Regulatory green lights plus macro stress have historically fueled crypto's biggest narrative rotations.

Which market approves BTC/ETH ETFs next — Hong Kong, Singapore, or Korea? 👇