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The overall crypto market is in a recovery phase. Tomorrow, there are two key pieces of news to watch:
1. Clear Crypto Legislation: The main points are:
1. Promoting the jurisdictional division of crypto assets;
2. Establishing clear operational rules for exchanges and custodians;
3. Promoting consumer protection in crypto;
4. Regulating stablecoins;
2. NVIDIA Earnings Report; The Q4 earnings report will be released at 5 a.m. on February 26. The market generally expects it to surpass quarterly profit forecasts, which could impact the AI industry chain and the US stock market, and also help boost the crypto market.
Recent news has been quite influential. It’s advisable to focus on left-side positioning. The main concern is whether tonight’s earnings report will exceed expectations. Positive results could strengthen Bitcoin’s subsequent rebound!