[#HashKey Trading Moment]: Bitcoin hindered by new highs, is $4,000 Ethereum just an appetizer? The U.S. House of Representatives passed the "GENIUS Act" to establish a regulatory framework for stablecoins and the "CLARITY Act" to clarify the regulatory attribution of crypto assets. Both bills received significant bipartisan support, indicating that the regulatory clarity that the digital asset industry has long sought will gradually be implemented. At the same time, Trump is preparing to sign an executive order to open up investments in alternative assets such as cryptocurrencies, gold, and private equity to the $9 trillion 401(k) pension market. This move could completely change the way Americans save and accelerate the mainstream adoption of cryptocurrencies. In terms of monetary policy, Federal Reserve Governors Christopher Waller and Michelle Bowman are the only two officials who publicly support a rate cut in July. HashKey Chief Analyst Jeffrey Ding pointed out that the recent significant increase in the price of Bitcoin and its record high is due to the dual resonance effect of active on-exchange funds and a substantial inflow of off-exchange funds. Bitcoin is facing a key technical level. Analyst Rakesh Upadhyay believes that Bitcoin faces a $120,000 resistance level and may fluctuate between $115,000 and $123,218 in the short term. Although buyers are trying to push the price up, the shorts have successfully held the level, indicating that Bitcoin may maintain range volatility in the short term. For Ethereum, analysts Ted and Poseidon believe that its current trend is similar to the 2016-17 cycle, and breaking through the $4,000 key resistance level may trigger a larger-scale rise. In the altcoin market, concept coins associated with the Grok AI companion continue to cause market volatility. Yesterday, after Musk announced that the Grok male AI companion would be named "Valentine", the market cap of the Meme coin with the same name soared to $20.00 million at its peak, but related coins such as TAKI, CHAD, and ANDREJ also plummeted as a result. By @HashKeyExchange & @PANewsCN [HashKey Exchange & PANewsCN]