Market Outlook
• Bitcoin trading at $115,800 with key support at $115,000; resistance at $120,000 and $133,000
• Powell's comments on extended tight policy and inflation risks triggered volatility
• ETF inflows showing institutional resilience despite Fed signals
• Technical patterns suggest accumulation zone with potential breakout if $120,000 reclaimed
Regulatory Tailwinds
• SEC launched "Project Crypto" to modernize outdated securities laws and create clearer asset classifications
• U.S. House advancing Anti-CBDC Bill as part of "Crypto Week 2025" legislation package
• CFTC and SEC initiated "Crypto Sprint" to accelerate regulatory reforms
• Growing congressional support signals improving regulatory clarity for crypto markets
Trading Strategy
• Watch for breakout above $120,000 (bullish target: $133,000)
• Monitor ETH/BTC ratio for altcoin momentum (key level: 0.033)
• Consider long positions if Bitcoin breaks resistance decisively
• Implement hedging strategies at support levels given macro uncertainty
• Track ETF flow data as leading indicator of institutional sentiment