According to Woofun AI, the price of Bitcoin is anchored near $85,000, maintaining a narrow trading range.

Technical analysis shows that analyst Kevin maintains a bullish stance, with his core logic built on two key support zones: first, $83,000 to $77,000, and second, $75,000 to $67,000.

Data compiled by Woofun AI indicates that these areas were converted from previous high resistance levels, and as long as there is no complete breakdown, the probability of new lows is extremely low; Kevin also noted that those who insist on a bearish view have either exited the market or refuse to admit their forecasting errors.

A major turning point has emerged at the regulatory level, as Scott Melker interpreted that the U.S. Treasury Department has withdrawn restrictive proposed regulations targeting cryptocurrency mixing tools, privacy protection tools, and self-custodial wallets.

This move is seen as a significant regulatory development that can be implemented without congressional intervention, marking a shift in policy direction from restriction to inclusiveness.

Policy advocate Dennis Porter is pushing for state-level legislation aimed at protecting self-custody, node operation, and buying and selling activities, while strengthening education for Democratic lawmakers.

He believes that the digital dollar, with its low volatility, fast settlement speed, low transaction costs, and low fraud risk, is the technology most easily promoted at the political level.