Regulatory clarity is exactly what Circle needs to take off. x.com 

Circle could still be a monster as the stablecoin narrative grows stronger by the day. A gap up that is not being completely faded may signal a change in character for the stock. x.com 

Circle is set up for a bounce toward $150 into the June 18 options expiry, because a $17.4 million wall of positive dealer exposure at the $150 strike should pull the price toward it. Spot near $113 first has to clear a small pocket of negative exposure at $114-115; once the $120 strike, with over $1 million of positive exposure, flips into support, dealer hedging should accelerate the move. x.com 

Circle looks worth some exposure in case Tom Lee's call for a crypto rally proves right this time, despite his long record of predicting rallies that did not come. x.com 

Circle could be one of the cleanest 2-3x opportunities over the next 12-18 months as one of the few ways to own stablecoin infrastructure. The view that CLARITY failing is automatically bad for Circle is too one-dimensional. USDC circulation hit $73.3B in Q2, up 19%, on-chain volume rose 151%, and revenue and reserve income reached about $701M. The chart shows a higher low and consolidation but needs a clean break of descending resistance. Rates and competition from Tether and banks are risks. … Show more

Circle could launch higher if it clears $100.18, the 23.6% retracement, turning its August base into a launch pad. Options flow points the same way: the top five positions are all calls, led by $89M of September $100 calls and $84M of January $200 calls, with put/call at 0.78 even as the stock fell 6%. Negative gamma means dealers amplify moves. As a high-multiple name, Circle gives back the most when rates jump, as the 10-year just hit 4.79%. x.com  x.com  x.com 

Ethereum looks headed higher as it consolidates after a huge move up, with its RSI resetting below where the move began, even while absorbing the bearish blows of the CLARITY Act's failure and rate hikes. x.com 

Circle and Coinbase will look extremely cheap in hindsight from this crypto bear phase. They are generational companies, and it's only a matter of time before Wall Street wakes up to the megatrends of tokenization, stablecoins and perpetual futures. x.com 

Coinbase's fundamental and technical stories now match, as Circle's leadership has changed sentiment for crypto names and wider crypto access connects directly to Coinbase's platform. The stock is showing relative strength against Bitmine and Strategy, with an undercut-and-reclaim of its daily 9/50 EMA cluster heading into FOMC that could produce a good move. x.com 

Bitcoin is coiling for a move toward $84,000 ahead of the Senate's September 15 vote on the CLARITY Act. Passage would cement Bitcoin as a digital commodity under the CFTC and complete the current accumulation phase, after some more healthy consolidation in the $78,000-80,000 zone. The Fed rate decision follows on September 16. x.com