🪐 Tillis has signaled he won’t back the CLARITY Act without an ethics amendment that would likely ensnare the Trump family, pushing the bill into an indefinite limbo. The delay revives the regulatory fog that has been lifting for BTC and ETH over the past quarter, and I see it as a catalyst for renewed caution. 🕸️ My read is that the market’s bullish momentum is now on thin ice; the prospect of a politically‑charged ethics clause signals that Congress may still view crypto as a “special interest” rather than a mainstream asset class. If the bill stalls, we could see a short‑term dip in risk‑on sentiment and a re‑pricing of on‑chain activity, while a later breakthrough would likely spark a fresh rally. I remain mildly bearish on the near‑term, but I’m not convinced the setback will be permanent. 👁️‍🗨️ The biggest risk isn’t the bill’s content, it’s the message that crypto still needs a political champion to move forward. ⚠️ Personal analysis only. Not financial advice. DYOR. #CryptoRegulation #BTC #ETH