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Everyone is asking Pharaoh if the big coin's jump from 76350 to 78735 is a quick bull retracement? Pharaoh says, don't overthink it; the macro environment hasn't improved. This move is an independent short squeeze driven by "policy benefits + early pricing of negative factors + short covering." First, expectations for the CLARITY Act are heating up. Trump accepted the new ethics rules, the Senate Republicans released updated text, and a breakthrough occurred on bipartisan conflicts