$ETH The speech by SEC Chairman Paul Atkins tonight concluded without providing any 'boost' to the market as many had hoped. There was no new information about the ETH ETF, no commitment to ease regulations for stablecoins, just safe and general comments about 'consideration, cooperation, and protecting investors.' The crypto market reacted quickly: BTC price struggled to break out, with a deeper correction looming as previous long positions began to flee. Once again, the old lesson repeats: 'News leads to sell-offs,' too much expectation results in greater disappointment. The market may enter a short-term decline following this lackluster speech.
