I see that Bitcoin is hovering around $72.77K, but the level of over $75K remains difficult to reach. The SEC and CFTC have recently issued new guidelines on crypto tokens, and that seems to be slowing down the momentum. It feels like the market is waiting for clarity before a real breakout occurs. Regulations around crypto assets are becoming increasingly strict, so traders have become more cautious. Interesting to see how these policy measures are directly affecting the price action.