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Bitcoin had a tough Tuesday after the U.S House failed to pass the Crypto Genius Act, Clarity Act & Anti‑CBDC Act.
This was the centerpiece of House-designated “Crypto Week,” so it's no doubt embarrassing for Trump.
ETH Excitement
Ethereum has officially moved above the Megaphone pattern, which holds a target close to 1,000 USD. The breakout is under the radar so far.
ETH often has misleading price action before a major move, so the silent nature and lack of follow through I am not reading much into it.
Should ETH start to take-off then it will likely have stark implications for SOL . Meaning my second favorite altcoin is likely to race higher if the megaphone plays out.
#US Crypto Week#
Firstly, we are currently in a bull market, no need to elaborate, and secondly, the small structure on the 15-minute scale is also in a rising posture. Based on these two points, I will place a long breakout order, it's not excessive!