BitUnix analyst: The US House of Representatives has passed three major encryption bills, putting BTC in a strong pressure zone with short-term upward potential

According to BlockBeats, on July 18th, the US House of Representatives officially passed three important encryption bills: the CLARITY Act, the GENIUS Act, and the Anti CBDC Surveillance National Act. This move marks a significant advancement in the US cryptocurrency regulatory process, especially with the GENIUS bill expected to be signed into law by former President Trump this week, further consolidating the US policy stance in the field of digital assets. The CLARITY and anti CBDC bills will be submitted to the Senate for review. BitUnix analysts suggest: The passage of the bill injects policy confidence into the overall market, and the cryptocurrency market is expected to gain further mainstream support, which will help maintain its bullish momentum. Bitcoin rose after the news was released, currently trading at 120326 USDT, breaking through the previous range high. The data shows that there are dense short positions above $121800 in the potential clearing area, which is a short-term potential target area. The support below is concentrated at $116300, and if it cannot be broken back, it can be seen as a multi-party defense.