Now that the Binance FUD shakeout is over, Bitcoin is back above $26,000 and has held the $25k support on the weekly chart, which some TA gurus claimed to be crucial for BTC's near-term future. It appears that Binance is resolving the regulatory issues surrounding "asset freezing" by governmental authorities in the US.

According to a source, the SEC lawyers in court stated that they had no evidence of customer asset misuse. The SEC's lawsuit against Binance US and Coinbase seems to be based on weak grounds. In my opinion, the SEC lacks irrefutable proof to win this case, and if Binance and Coinbase are victorious, we can expect a significant price surge in both BNB and COIN, regardless of whether we are in a bull market or not.

The SEC's actions against Binance and Coinbase are a tactic to create FUD and divert attention from FTX and SBF. Interestingly, I recently read that SBF is doing well, with the Feds dropping five charges against him. This individual, who played with customers' money, may escape prison despite negatively impacting the lives of countless uninformed investors in the crypto space.

SBF won't face imprisonment due to his alleged sponsorship of certain politicians in 2020. It is likely that these politicians are protecting him to prevent potential exposure of their involvement in questionable activities. The SEC would certainly have imprisoned CZ if they had the chance, without a doubt.

In the meantime, the SEC will have to settle for nothing more than a well-orchestrated FUD campaign that aimed to pause Bitcoin's rally, allowing entities like BlackRock to accumulate more while diverting public attention from the SBF case. SBF is undoubtedly a criminal who belongs behind bars, as is Do Kwon, both guilty of scamming and deceiving crypto investors.

It is evident that the judicial system is deeply flawed, designed to protect the establishment from the masses. Trust in fiat and traditional governance systems is eroding, and they are clearly making it harder for retail investors to enter the crypto space. This is why we are witnessing the crackdown on exchanges and the recent filing for a Bitcoin spot ETF by BlackRock.

If the ETF is approved, you can be sure that the SEC will take credit for creating a clean regulatory environment that allowed a Bitcoin spot ETF to be launched in the US. Those motherfuckers...

There is nothing new under the sun. The current market behavior is reminiscent of what happened in 2016 and 2019, signaling a clear accumulation phase that only a few are profiting from. Most people will once again enter the crypto market when coins surpass their previous all-time highs, using those levels as confirmation of trust.

Remember, a winner is simply a loser who tried again, even after experiencing multiple losses. Only a few individuals succeed in their first cycle in crypto. Therefore, if you have made mistakes during a couple of bull markets, you should recognize the current accumulation nature of the crypto market.

Ignore the FUD, trust that Binance will win the case, keep an eye on the individuals trying to paint SBF as innocent, and don't forget to take profits once we reach insane levels again. That's all from me for now. Wishing you all a fantastic Monday, and I'll see you next time.

Thanks for your attention, Adrian