đš TITLE: SEC Just Sent a Major Signal â Crypto Market Approaching Critical Phase
The SEC Chairâs statement about focusing on long-term clarity instead of short-term fluctuations comes at a crucial time for the crypto market.
Currently, the total crypto market cap stands near $2.28 trillion, down â1.88%, while BTC is trading around $66,000, struggling to reclaim resistance near $68,300.
At the same time, BTC ETF netflow shows â$133.30 million outflow, indicating institutional caution in the short term.
Historically, regulatory clarity phases have often preceded major market moves. After previous clarity developments, BTC experienced moves of 10â25% within
following weeks, depending on market sentiment.
đ Key BTC Levels to Watch Now:
âą Immediate Support: $66,000
âą Major Support: $65,800
âą Resistance: $67,300
âą Major Resistance: $68,300
If BTC holds above support, recovery toward resistance is possible.
If support breaks, further downside volatility may follow.
This is a high-decision phase where regulatory direction and institutional behavior will play a critical role.
Do you think BTC will recover above $68K or test lower levels first? đ
#BTC100kNext? #TradeCryptosOnX
