Crypto Market on High Alert as CLARITY Act Vote and FOMC Decision Loom Large

The market experienced a short squeeze that lasted over 24 hours at the start of this week. The BTC daily chart is entering a bottoming correction zone, which has led to the rebound. Although ETH is relatively stronger, its momentum comes from the BTC rebound and the strengthening of the ETH/BTC rate.

Currently, BTC is neutral, while ETH is more bullish, resulting in a significant divergence in strength between the two. This structure is more like a case of capital rotation within a consolidation range rather than the market kicking off a new round of unilateral gains.

This week's events will play a crucial role in determining the market's direction. The procedural vote related to the CLARITY Act and the FOMC decision are major events that investors are watching closely. As policy expectations heat up, both BTC and ETH's rebounds are directly exposed to macro expectation differences.