$ETH The speech of SEC Chairman Paul Atkins tonight concluded without providing any "boost" to the market as many had hoped. There was no new information regarding the ETH ETF, no commitment to ease regulations on stablecoins, just safe, general remarks about "consideration, cooperation, and protecting investors." The crypto market reacted quickly: BTC price could not break through, and there is a risk of deeper corrections as the previous Long positions start to flee. Once again, the old lesson repeats: "News leads to sell-offs," too much expectation leads to greater disappointment. The market may enter a short-term downtrend after this lackluster speech.
