The Democratic Party flipping both chambers, and the $TRUMP family crypto business got directly put in Congress’s crosshairs; $TRUMP first drops 2.36% to show you the reaction.
The CLARITY bill, which had previously fallen just 1 vote short, is now basically half-dead for comprehensive crypto legislation with Democrats controlling both chambers.
But don’t rush to call it fully bearish: SEC and CFTC administrative rules are still moving forward, and the CFTC just approved Wall Street single-stock perpetual contracts; institutional entry hasn’t stopped.
Right now the market is still up 4.13% on $WLFI , which means the market has already priced in part of the expectation, and the real selling pressure hasn’t shown up yet.
Next, watch the number of active on-chain addresses and exchange net inflows for $WLFI ; if addresses fall and inflows rise, that’s the real sign of a run. For now, hold and wait for the signal.
Can $WLFI hold the 0.047 level? Reply 1 if it holds, 2 if it breaks below. If you want practice, you can join the November trading competition and use the prize pool to verify your judgment.
#Write2Earn #BinanceSquare #WLFI #Futures #SpotTradingTournament
The CLARITY bill, which had previously fallen just 1 vote short, is now basically half-dead for comprehensive crypto legislation with Democrats controlling both chambers.
But don’t rush to call it fully bearish: SEC and CFTC administrative rules are still moving forward, and the CFTC just approved Wall Street single-stock perpetual contracts; institutional entry hasn’t stopped.
Right now the market is still up 4.13% on $WLFI , which means the market has already priced in part of the expectation, and the real selling pressure hasn’t shown up yet.
Next, watch the number of active on-chain addresses and exchange net inflows for $WLFI ; if addresses fall and inflows rise, that’s the real sign of a run. For now, hold and wait for the signal.
Can $WLFI hold the 0.047 level? Reply 1 if it holds, 2 if it breaks below. If you want practice, you can join the November trading competition and use the prize pool to verify your judgment.
#Write2Earn #BinanceSquare #WLFI #Futures #SpotTradingTournament
