An exciting week Ahead of the U.S. Senate’s “CLEAR Act” vote, the Democrats proposed and introduced a counterproposal to tighten encryption regulation. The bill ultimately failed to advance—so it didn’t get passed. Last night, Ethereum was hit and stopped loss was triggered. And early this morning, the Federal Reserve’s interest-rate decision came. Today, the shoe drops. If Bitcoin takes another downward jab today, 75,000 is the key level—if it breaks, it should move toward around 72,000. Ethereum’s current key support zone is from 2,340 to 2,270; if that breaks, it’ll head toward 2,150. If there is a rate hike, the market may first dip with a wick, then after the bearish news is digested, the rebound can continue with a monthly-line-level uptrend. Right now, for this month’s chart, I still look at Bitcoin and Ethereum as bullish.

$BTC