#我在Gate广场过新年 The selling pressure turning point has arrived, regulatory bills are counting down
Bitcoin is experiencing a tug-of-war around the $70,000 mark, while Ethereum's technical indicators are turning stronger. As the anticipation for the passage of the crypto market structure bill heats up, the market is undergoing a deep transformation from emotion-driven to policy-driven.
The current market has entered a typical decompressing phase, with bulls regaining ground. This serves as a safety cushion confirming the sustainability of the rebound. If it can hold steady here, market confidence