#美国众议院通过三项加密货币法案 How significant is the impact?
Early this morning, the U.S. House of Representatives passed three key cryptocurrency bills aimed at regulating industry operations, clarifying regulatory responsibilities, and limiting excessive government intervention. Here are the core content analyses:
1. (Digital Asset Market Clarity Act) (CLARITY Act)
- Core objective: Resolve the regulatory power dispute between the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission) and clarify which cryptocurrencies are classified as securities and which are classified as commodities.
- Impact:
- Reduce speculation in the industry about 'whether a certain token is illegal' and provide a clearer compliance path.
- Provide legitimate development space for emerging fields such as DeFi (Decentralized Finance), NFTs, and stablecoins.
- In summary: Define regulatory boundaries so that cryptocurrency companies understand 'what they can do and what they cannot do.'
2. (U.S. Stablecoin Innovation Guidance Act) (GENIUS Act)
- Core objective: Establish a regulatory framework for stablecoins (such as USDT, USDC) for the first time at the federal level, including:
- Qualification requirements for issuing institutions
- Reserve management rules
- Compliance and audit standards
- Impact:
- Stablecoin issuance will be more transparent, reducing the risk of 'printing money out of thin air.'
- Compliant stablecoins may gain greater market trust, promoting institutional adoption.
- In summary: Stablecoins cannot be issued casually and must meet national financial security standards.
3. (Anti-CBDC Monitoring National Act)
- Core objective: Prohibit the Federal Reserve from issuing central bank digital currency (CBDC, i.e., 'digital dollar') to prevent the government from monitoring citizens' transactions through digital currency.
- Impact:
- Ensure that the decentralized characteristics of the cryptocurrency market are not subject to government intervention.
- Protect personal financial privacy and avoid risks of 'digital tyranny.'
- In summary: The government should not think they can monitor the wallets of ordinary people with a digital dollar.
Overall impact of the three bills
1. Short-term: The cryptocurrency market gains a clearer legal framework, reducing policy uncertainty, which may attract more institutional funds, benefiting sectors like DeFi and stablecoins.
2. Long-term: The United States attempts to dominate the global cryptocurrency regulatory discourse through this set of rules, encouraging innovation while ensuring the hegemonic position of the dollar in the digital financial era.
Summary: These three bills are equivalent to setting 'rules' for the cryptocurrency industry — **clarifying regulation, controlling stablecoins, and limiting government intervention**, which may profoundly impact the global cryptocurrency market landscape in the future.
BTC
High volatility range 120500-115222, with 121355-122769 as the pinprick raid area above. If the H1 closing price cannot remain within this range, the high-position short positions should take profits and exit! If the price stays within the range or falls back into it after a spike upwards, then continue to test the lower edge near 115000. If it breaks down, look towards 113700, 111000-110500!
ETH
Ether continues to squeeze shorts, currently at the daily pressure zone 3610-3744, with the supply zone at previous highs 3884-4107 above! Start being cautious about pursuing longs at this position! Pay attention to the M15 structure breaking down, indicating a turning point! If it doesn't break below 3310, continue to look bullish, with the pinprick area at 3270-3250! If it breaks below 3310, wait for a pullback to 3000-2930 for layout!
SOL
The daily target still looks at the 195-209 range, with short-term support at 171-168. If it holds, continue to look bullish, with H4 demand area 157-162!
The information and data contained herein are sourced from publicly available materials, striving for accuracy and reliability, but no guarantee is made regarding the accuracy and completeness of the information. The content does not constitute any investment advice; any investment based on it is at your own risk!
