SEC rolls out tokenization framework, Minnesota bank to offer custody in August, Galaxy secures BitLicense Three bullish news items, yet Bitcoin still couldn’t turn green. 76.7k—yesterday’s close was 76,952, and we’re still $230 short. Good news came, but it didn’t move the market. That’s the real issue here—it’s not about whether the news is good or bad, it’s that the market isn’t buying it right now. The daily chart’s death cross is right there, and each hourly rebound is weaker than the last. On the 4-hour chart, each high is lower than the previous one, and the lows keep dipping further. This isn’t just a shakeout; it’s structural selling pressure absorbing the bullish news. Infrastructure is indeed being built, but the price floor hasn’t been found yet. Until it works itself out, no guessing bottoms, no bottom fishing. Key support zone to watch: 75K-74K.