Bitcoin continues to defend key structural support above $63,000 as spot accumulation and short-covering help absorb localized selling pressure within its broader consolidation range. At the same time, Ethereum reclaimed $1,900 after a massive whale deposit transferred over 32,000 ETH directly into staking contracts, tightening circulating liquid supply. Regulatory headwinds persist as the U.S. Senate delayed procedural votes on major digital asset legislation like the CLARITY Act until September, extending policy uncertainty. With CPI data coming in line with expectations at 3.4%, institutional traders are staying disciplined, waiting on upcoming Federal Reserve guidance and U.S. Treasury yield movements to spark the market's next decisive move.