Bitcoin just surged past $70K and then dropped back below $60K. So, should we be bullish or bearish right now? For the market, the real battlefield is in Congress, not on the charts. The House and Senate are trying to cram crypto bills and various ethical clauses into a consolidated version, with the two parties entering the final two-week countdown of negotiations. Key figures driving the legislation are either heading off to military service or facing personnel changes, making it highly uncertain whether the bill can be fast-tracked in the short term. If the bill fails or gets indefinitely shelved, the market's accumulated compliance expectations could face a short-term bearish backlash. But if it passes, it will be a watershed moment that completely transforms the market structure.