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🔥Three major blockbuster developments revealed🧧🧧🧧 1️⃣. The reserve bill passes in principle✔️ The House Financial Services Committee passed the “U.S. Reserve Modernization Act” 28:21. Within 180 days, the Treasury will build a strategic Bitcoin reserve; federal agencies must report their crypto assets within 60 days. The U.S. holds about 328,000 BTC worth approximately $24.7 billion, locked for 20 years and not to be sold—equivalent to removing about 1.5% of the circulating supply.
2️⃣. The Senate 49:50 fails to clear the 60-vote threshold BTC briefly plunged to $74,910. But the SEC quickly issued an “innovation exemption”: within five years, it will allow tokenized stocks to trade on-chain; platforms are temporarily exempt from being deemed exchanges, market makers are exempt from registering as broker-dealers; and the CFTC also exempts developers. Bernstein: the SEC/CFTC will “actively and swiftly” advance the rules.
3️⃣. $77 trillion in U.S. stocks to go on-chain🎉 The SEC has approved a pilot for blockchain stock trading. The market cap of tokenized stocks has already hit a new high of $3.2 billion, up 1219% year-on-year. Over 30 days, DEX trading volume reached $15.75 billion. U.S. stocks will trade 24/7—traditional finance and crypto finance boundaries are disappearing.
4️⃣一句话总结🌈 BTC locked for 20 years, digital gold becomes institutionalized; CLARITY falls, SEC/CFTC takes over; $77 trillion in U.S. stocks goes on-chain—boundaries disappear; Long-term is bullish; short-term watch for rate hikes—don’t let volatility throw you off! #香港拟年底前推出批发CBDC #日本央行加息至31年高位
Bitcoin breaks through $87,000 to hit a new 8-month high; shorts are liquidated nearly $1 billion. ETF inflows return, and Strategy adds 950 BTC, igniting the rally. ETH, DOGE, PEPE, and others follow higher. The total market capitalization has returned to $3 trillion. Circle launches Bitcoin-backed lending using USDC, and institutional buying remains steady. Short-term sentiment is recovering—$90,000 is the next key level to watch. Be mindful of leverage risk.
🚨 After BTC breaks $86K, the real test is only just beginning.
Yesterday’s surge was intense.
But there’s one number you must pay attention to:
💥 About $449M in BTC short positions were liquidated 🔥 Roughly 89% of BTC liquidations came from shorts ₿ BTC broke through the $80K–$82K supply zone in one shot 🎯 The next obvious resistance is around $89K
This suggests:
Short squeezes really did add fuel to this rally.
So now the real question isn’t:
“Can BTC break out?”
It’s:
CAN BTC HOLD THE BREAKOUT?
Because a truly healthy uptrend can’t be driven by short liquidations forever.
Next, if BTC can hold near $85K,
and at the same time spot buying keeps the momentum going,
then $89K will become the next real battleground between bulls and bears.
But if price quickly drops back below $82K,
the market may find that:
in yesterday’s rally, leverage played a bigger role than expected.
Right now I’m watching:
📍 Can $85K hold 🧱 The core support at $80K–$82K 🎯 $89K resistance 💰 Whether spot buying can take over from the Short Squeeze
👇 What do you think?
Breakout confirmed 🟢 Or a pullback after squeezing shorts 🔴?