Everyone keeps obsessing over whether BTC holds 80k, but I honestly think chart levels are secondary this week.

The real drivers are macro and political, and there are multiple events over the next few days that could completely change market direction regardless of whatever support/resistance people are drawing.

Here’s what I’m watching instead:

Kevin Warsh Fed nomination

The Senate vote matters because Warsh is viewed as more hawkish on rates and liquidity. If markets start pricing in tighter policy expectations, risk assets including BTC probably feel pressure even if the chart still “looks bullish.”

CLARITY Act hearing on May 14

This might actually be the biggest crypto-specific catalyst of the week. The Senate Banking Committee discussing market structure and asset classification is a major step toward regulatory clarity. If momentum builds here, institutional participation probably accelerates fast.

Trump-Xi summit

Markets are still heavily tied to global trade sentiment. Any sign of easing tensions between the US and China could boost overall risk appetite. If talks go badly, expect volatility everywhere.

Feels like traders are overfocused on local chart structure while ignoring the fact that macro headlines are likely deciding the next major BTC move this week.

Do you think macro events are finally overpowering technical analysis here or do chart levels still matter more in the short term?