Friends in the cryptocurrency circle, the US Congress staged a good show last night! The House of Representatives held a "Cryptocurrency Week", but it turned out to be a disaster at the beginning - the procedural vote on the key bill was stabbed by its own people! 13 Republican congressmen suddenly turned against the Democrats and joined forces to mess up the vote, which made Trump so angry that he went out to canvass for votes overnight. But if you look closely behind it, this "turnaround" is all routine!
It seems to be bad news on the surface, but it is actually a gold mine!
Don't be fooled by "failure"! This is just a procedural vote (equivalent to the qualifying round to enter the examination room), and 2/3 of the votes are needed to move forward. The real highlight is the second vote on Wednesday - a simple majority (50%+ votes) is enough to pass! The Republicans now control the House of Representatives, and the probability of a comeback is over 80%!
On-chain data shows whales buying at the bottom: As the bill was blocked, ETH fell 2% in the early morning, but a mysterious address swept 42,000 ETH (about 120 million US dollars)! The dealer is waiting for retail investors to cut their losses and pick up bargains!
Qiu Ge, an industry trader, said: "The same script has been played out three times in 2023, and each crash was the eve of a surge!"
Breaking point 2: Who is stabbing Trump? The SEC is the mastermind!
The list of 13 people who turned against the SEC was revealed: they are all staunch allies of the SEC (U.S. Securities and Exchange Commission)! They are fighting against the "DeFi regulatory exemption" in the terms and want to lock the power in the hands of the SEC (SEC Chairman Gensler once said that "99% of tokens are securities").
Trump strikes back: The team has promised to modify the terms, and the core is to give the regulatory power to the CFTC (Commodity Futures Trading Commission), the mother of the cryptocurrency circle! He said that he would deal with the traitors before Wednesday and fight to the end!
Breaking point 3: Three things you must do today! Wait until Wednesday to make money without doing anything
It’s time to add positions with your eyes closed: If ETH falls to around 3050 again (strong support in the 4-hour chart), place a buy order directly, the dealer’s cost line is here!
Bet on three skyrocketing targets:
Bitcoin spot ETF (BlackRock increased its holdings of 32,000 BTC against the trend last night, setting a record!)
Meme coin Trump series (MAGA, TRUMP once the bill is passed, 24 hours surge of 50% or more)
DeFi leaders (UNI, AAVE — if the bill exempts DeFi, it will take off directly)
Keep an eye on the vote at 20:00 on Wednesday: Pass = huge pullback, second failure = Golden Pit 2.0!
Confidential reminder: According to insider information from Wall Street, Goldman Sachs has prepared $500 million to invest in ETH after the bill is passed!
Conclusion: Don’t be afraid of retail investors! Follow the market makers and make money!
Remember this iron rule:
Politicians fighting = banker's clean-up = your chance to get rich!
A drop before Wednesday would mean giving away money, and the passage of the bill would be like taking off!
Are you still fighting alone? OUT! Click on the avatar and follow the Ayers team to take you to fly. We only serve ambitious people who dare to think and go crazy!