US Crypto Bill Fails in Senate Amid Trump Ethics Dispute

The failure of the US crypto bill in the Senate may increase regulatory uncertainty for the sector, creating short-term pressure on COIN stock. Technical indicators are already weak: RSI at 37.8 is near oversold territory but no reversal signal yet, MACD is negative and below the signal line. The price is trading below the 20 and 50-day moving averages (181.7 and 180.3), confirming a short-term downtrend. Although the news flow is negative, some of the decline may already be priced in; therefore, while the direction is down, confidence is limited at 0.6. In the 1-3 day horizon, there is a risk of slipping below the 170 level.

The failure of the US crypto bill in the Senate could increase regulatory uncertainty for cryptocurrencies, creating short-term pressure on crypto-linked stocks such as MSTR. Technical indicators are already weak: RSI is around 40 and MACD is in negative territory, below the signal line. The price is trading below the 20 and 50-day moving averages, confirming the downward trend. With the news, selling pressure may increase and the stock could retreat to the $125-127 support zone. However, since the 24-hour change is slightly positive, there may be buying on dips; nevertheless, downside risk outweighs.