Today’s market still has no temper. BTC is trading around 64,000, up about 1% over the past 24 hours. ETH is sitting at 1,872. The Fear and Greed Index is 27—sentiment is on the cold side, but it hasn’t fallen apart. Basically, everyone is holding their breath, waiting for one clear direction.

The real main event isn’t the price. In Washington, the crypto regulatory bill CLARITY has been stuck on the Senate schedule—there’s been no vote. From August 7 to 10, Congress is set to recess. With only a few working days left, getting it on the ballot is the certainty of this summer. If it gets pushed back, each regulator will just keep handling their own part, while regulatory ambiguity continues to drag on and linger.

Does this storyline feel familiar? It’s like chasing someone for a year—always saying “it’s coming soon, it’s coming soon,” but never giving you a definite answer. What you fear isn’t being rejected. It’s being left hanging like this all the time. CLARITY is in exactly this state now: three knots are still unresolved. Who will take charge of the ethical rules? Can stablecoin incentives actually survive? And how far can protections for developers be extended?

Don’t hold unrealistic hopes on the macro side either. The Fed is currently leaning hawkish. Rate-cut expectations are basically zero—some people are even betting on hikes. The ‘rock’ hanging over risk assets in the short term isn’t going anywhere. If you’re still waiting for that flood-like surge market, you’ll most likely be waiting for the kind of scenario where someone says ‘we’re done,’ but still asks you not to delete their ex.

Tomorrow’s outlook: From August 7th to 10th, keep a close watch on CLARITY. Any movement? This is the biggest variable of the week. If it passes, that’s a positive. If it falls through, that’s negative. In a message vacuum, no news is, by itself, the biggest news.

Trading advice: In a market driven by ongoing, existing positioning, don’t go in naked. Reduce your exposure. Don’t use leverage when there’s no clear direction. Hold the coins you’re supposed to hold. Also, give your wallet a quick checkup. The Coldcard incident from yesterday hasn’t fully cooled down yet—if you’re among friends on self-custody, don’t delay firmware updates.

peace You can eat and drink when you should; the things hanging in the air are left for next week. Tonight, get a good sleep first.

#Evening Review #BTC #CLARITY Bill