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$ETH The SEC cancelled its August 14 meeting on "Regulation Crypto," delaying a vote on a new framework for digital assets. This heightens short-term regulatory uncertainty, putting mild bearish pressure on ETH and the broader market while they sit at weak support levels. However, this is just a schedule change—not an outright policy rejection—so it avoids a long-term regulatory shock. It will remain in the resistance zone for quite some time.