🚨 BREAKING: U.S. Senate Moves Forward on Crypto CLARITY Act
Senate Majority Leader John Thune has filed cloture on the motion to proceed to the CLARITY Act, setting the stage for a Senate vote when lawmakers return in September.
📈 A major step forward for U.S. crypto regulation.
If passed, the bill could bring greater regulatory clarity to the digital asset industry and potentially unlock further institutional adoption.
🚨 ETH/USDT ANALYSIS: WAIT FOR CONFIRMATION BEFORE GOING LONG
$ETH is trading around $1,933 after reacting positively to the latest U.S. jobs report. Short-term momentum has improved, but price is now testing a major resistance zone at $1,943-$1,950. This level has rejected ETH multiple times in recent weeks, making it the key area to watch.
📈 Bullish Breakout Setup A 15m or 1H close above $1,950, followed by a successful retest, would confirm the breakout and increase the probability of further upside.
✅ Long Entry: $1,950-$1,955 (after confirmation)
🎯 Targets: • $1,970 • $1,990 • $2,020
🛑 Stop Loss: Below $1,925
📉 Pullback Buy Setup If ETH is rejected at resistance, a pullback into support could provide a stronger risk-to-reward entry.
✅ Buy Zone: $1,895-$1,905 This zone previously acted as resistance and may now serve as support. 🎯 Targets: • $1,943 • $1,970 • $2,000
🛑 Stop Loss: Below $1,880
🌎 Market Outlook The latest U.S. jobs report came in significantly weaker than expected, strengthening expectations that the Federal Reserve could cut interest rates sooner if economic weakness continues. Lower rate expectations are generally supportive for risk assets like cryptocurrencies.
However, ETH is still trading directly below a key resistance level, so patience is important. Instead of chasing the current move, wait for either: ✅ A confirmed breakout above $1,950, or ✅ A pullback into the $1,895-$1,905 support zone.
🔑 Key Levels Resistance: $1,943-$1,950 → $1,970 → $2,000 Support: $1,905 → $1,892 → $1,855 Bias: Bullish above $1,950. A loss of $1,892 would weaken the short-term bullish momentum.
🚨 Why did Gold jump over 4% yesterday? And why did BTC & ETH rally too?
The biggest driver wasn't war headlines it was macro liquidity.
Here's what happened: 🟡 The U.S. dollar weakened, making gold more attractive. 🇯🇵 Reports suggest efforts to stabilize the Japanese yen and avoid financial stress in Japan, one of the largest holders of U.S. Treasuries. 💵 More dollar liquidity + a weaker USD = bullish conditions for hard assets like gold and silver. 📈 Crypto also benefited. Bitcoin and Ethereum typically perform better when liquidity improves and the dollar loses strength.
Will the rally continue?
Not necessarily in a straight line.
After a strong move, both gold and crypto could see short-term profit-taking or consolidation before the next trend develops.
The key macro indicators to watch are: • Dollar Index (DXY) • Treasury yields • Fed policy expectations • Global liquidity
If the dollar continues to weaken and liquidity improves, the medium-term backdrop remains constructive for Gold, Bitcoin, and Ethereum. Stay focused on macro not just headlines. 📊
Initial Jobless Claims drop today at 8:30 AM ET before the U.S. market open.
Market reaction to watch: 🟢 <200K: Could support risk assets like BTC & ETH. 🟡 200K–205K: Possible limited reaction if data meets expectations. 🔴 >205K: Could increase volatility as markets reassess labor strength.
📊 The data may impact the USD, Treasury yields, and crypto sentiment.
🚨 FINAL COUNTDOWN: Only 2 Days Left for the CLARITY Act
The CLARITY Act is still NOT on today's U.S. Senate schedule.
With just 2 legislative days remaining before the August recess, time is running out for Congress to deliver the regulatory clarity the crypto industry has been waiting for.
If the bill isn't brought forward soon, the opportunity could slip until after the recess potentially delaying a major catalyst for the digital asset market.
👀 Crypto investors are watching every move.
Do you think the Senate will act before time runs out?
🚨 FINAL COUNTDOWN: Only 2 Days Left for the CLARITY Act
The CLARITY Act is still NOT on today's U.S. Senate schedule.
With just 2 legislative days remaining before the August recess, time is running out for Congress to deliver the regulatory clarity the crypto industry has been waiting for.
If the bill isn't brought forward soon, the opportunity could slip until after the recess potentially delaying a major catalyst for the digital asset market.
👀 Crypto investors are watching every move.
Do you think the Senate will act before time runs out?
The market also remains cautious ahead of developments surrounding the CLARITY Act, which is one reason BTC has been trading in a range.
For the bigger picture, I still believe reclaiming $67K–$67.6K would be a strong bullish signal and could open the door for a much larger move over time.
Question for everyone: 🤔 Do you still believe Bitcoin will drop to $40K–$50K, or was the recent correction the bottom?
👇 Vote below: 🔥 $40K–$50K is still coming ❤️ The bottom is already in
🚨 $ETH / USDT Trading Plan – Watching Key Resistance
I'm watching $1,885–$1,910 as a major resistance zone. If price pushes into this area and prints a clear 15-minute rejection, I'll be looking for a short setup.
📍 Short Entry: $1,880–$1,910 🛑 Stop Loss: $1,950
🎯 Take Profit Targets: TP1: $1,855 TP2: $1,832 TP3: $1,822
❌ Invalidation: A strong 1H candle close and hold above $1,910 would invalidate this bearish setup.
📈 Spot Strategy: I'll start scaling into spot positions around $1,820. If the market delivers a deeper correction, $1,720 would be my preferred accumulation zone.
⚠️ This is my personal trading plan based on current price action. Always manage your risk and wait for confirmation before entering a trade.
🚨 BREAKING: U.S. labor market shows signs of cooling.
🇺🇸 JOLTs Job Openings: 7.359M vs 7.4M expected
Job demand is weakening increasing expectations for a more dovish Fed.
📉 Dollar pressure 📉 Yields could fall 📈 Potential boost for risk assets & crypto
Mohd Jumaa
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🚨 Today's Biggest Market Catalyst! 🚨 U.S. JOLTS Job Openings data drops today at 10:00 AM ET and it could set the tone for both the stock and crypto markets. 📈 Possible scenarios: 🟢 Above 7.5M → Strong labor market → Risk assets could rally. 🟡 7.4M–7.5M → In line with expectations → Choppy or sideways trading. 🔴 Below 7.4M → Weaker labor market → Increased selling pressure is possible. ⚡ Expect higher volatility around the release. Keep an eye on BTC, ETH, and the U.S. Dollar Index (DXY), as they could react quickly to the data. #trading #BTC #Macro #job
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