Senate just killed the Crypto Clarity Act — no advancement. This was supposed to give us regulatory certainty and separate securities from commodities cleanly. Instead we're back to the same murky waters.

Short-term? Expect chop. Market hates uncertainty and this keeps the SEC vs CFTC turf war alive. Mid-term? Could actually be bullish — no new rules means projects keep building in gray zones, and eventually Congress will have to act when innovation forces their hand.

Watch $BTC and $ETH for immediate reaction. If we hold support here it's a sign the market already priced in the failure. If we break down, it's risk-off into the weekend.

Stay sharp. Regulation is always two steps forward, one step back. Trade the chart, not the headlines.