The market continues to warm up toward a bullish trend with improved risk appetite + major regulatory tailwinds, mainstream coins rally collectively!

However, the market showed high-level stagnation last night with oscillations throughout the night, which is basically consistent with last night's market forecast. Last night predicted the market would maintain a consolidation pattern. I picked up one XAU position at 4988 last night, currently filled. Pay attention to exiting the 35-50 space to reduce positions and set protective stops!

Last night's small-cap LIT showed extremely textbook multi-timeframe bullish trend characteristics. I directly went long at 1.16 on first sight last night and took profit with protective stops—executed that strategy perfectly last night!

Today's biggest cryptocurrency bullish catalyst is this SEC document:

The SEC (under new chairman Paul Atkins' leadership) jointly issued interpretive guidance with the CFTC, categorizing crypto assets into 5 major classes:

Digital Commodities: BTC, ETH, SOL, XRP, ADA, DOGE, SHIB, AVAX, LINK, etc. clearly not classified as securities, regulated by CFTC like commodities.

Digital Collectibles: NFTs, most meme coins not classified as securities.

Digital Utilities: Utility tokens (such as domain names, certificates) also not classified as securities.

Stablecoins: Compliant payment stablecoins not classified as securities.

Digital Securities: Only on-chain tokenized traditional stocks/bonds classified as securities.

Even more significant: mining, PoS staking (including liquid staking like stETH), airdrops (without consideration), wrapping and other common on-chain activities clearly exempt from securities classification under certain conditions.

The enforcement shadow of projects being "forever securities" has greatly dissipated. Regulation is shifting from "enforcement crackdown" to "clear boundaries + compliant innovation."

This is a super-bullish catalyst for mainstream public chains, exchanges, and institutional capital inflows. Many people are saying "the regulatory spring has arrived."

BTC
Support: 70825/66300
Resistance: 83896
Key levels 70825 and 75475—consolidation focus on changes in volume-price relationship.

ETH
Support: 2225/2100/1915
Resistance: 2749
Current key level is 2403. After consolidating for a few days, it will test up or down—keep tracking at all times!

Today's trading suggestions: Both long and short are viable. Above 75000 without breaking the previous high, look for shorting opportunities on volume declines with previous high as stop loss. For the second coin, don't consider shorting for now—focus on pullback-based longs. Yesterday's strategy can be used until 20:30 tonight; after 20:30 when North American market opens, analyze specific situations specifically!

#BTC # ETH #SkaoGe Morning Session