This morning's push from the formula left everyone puzzled and unable to understand what it was saying. To summarize, this is a strong early bullish signal and an important groundwork for the Senate Banking Committee's vote on the CLARITY Act on January 15. After passing on the 15th, it will be submitted for a full Senate vote and then to the President for signing. The legislative process in the U.S. Congress follows a committee priority principle to improve efficiency and ensure professionalism. Any bill that enters the Senate will be transferred to a committee with corresponding jurisdiction based on its subject matter. Therefore, the decisive factor for whether the CLARITY Act can pass is the Banking Committee. The chairman of the Banking Committee, @SenatorTimScott, is a strong supporter of cryptocurrency, and he just confirmed on January 6 that the vote will take place on the 15th. As per convention, on the eve of the vote, the committee needs to coordinate with relevant parties to resolve differences in advance through a closed-door meeting. This is because if the vote fails, going back to re-submit the revised process will be very time-consuming. As is well known, there are many confrontational and game-theoretic relationships between Wall Street and the crypto industry, including Defi regulation and stablecoin interest. So, the news this morning that "Wall Street and crypto industry leaders have made progress on the crypto bill in a private meeting" suggests that some important differences between both sides should have reached a compromise before the vote on the 15th. The probability of the CLARITY Act passing on the 15th will be very high. As for what the CLARITY Act specifically does? You can refer back to my previous tweet.