CLARITY didn’t pass.
The market is down.
Has the bull market ended?
Maybe not.
On September 15, the Senate failed to advance the CLARITY Act by a 49:50 vote, falling short of the 60-vote threshold. Expectations for regulation have cooled; BTC and ETH dipped first and then recovered.
$BTC is about $75,851; today +0.31%. Large holders are 70% net long, but open interest is -0.24%. $ETH is about $2,403; today +0.23%. The entire account is 76.7% net long, and open interest is +0.20%.
It’s very simple: the longs haven’t fully exited, but leverage has started to diverge. Any time is a good time to bide your time—like a “trapped” dog of Elon Musk.
Yi Li Hua says the trend is still bullish, but in the short term there are risks of further rate hikes and legislative developments. When the market is most dangerous, it’s not when prices are falling—it’s when everyone thinks the pullback will definitely end immediately. Are you going long, or are you first looking at the risks?
$LSK #美参议院否决CLARITY法案 #以太坊跌破2400美元 #比特币跌至7.6万美元
The market is down.
Has the bull market ended?
Maybe not.
On September 15, the Senate failed to advance the CLARITY Act by a 49:50 vote, falling short of the 60-vote threshold. Expectations for regulation have cooled; BTC and ETH dipped first and then recovered.
$BTC is about $75,851; today +0.31%. Large holders are 70% net long, but open interest is -0.24%. $ETH is about $2,403; today +0.23%. The entire account is 76.7% net long, and open interest is +0.20%.
It’s very simple: the longs haven’t fully exited, but leverage has started to diverge. Any time is a good time to bide your time—like a “trapped” dog of Elon Musk.
Yi Li Hua says the trend is still bullish, but in the short term there are risks of further rate hikes and legislative developments. When the market is most dangerous, it’s not when prices are falling—it’s when everyone thinks the pullback will definitely end immediately. Are you going long, or are you first looking at the risks?
$LSK #美参议院否决CLARITY法案 #以太坊跌破2400美元 #比特币跌至7.6万美元
