[Trump Executive Order]

Yesterday we talked about the long-term and short-term market impact of the White House summit with everyone. Today, Trump signed an executive order for the strategic reserve of Biscuit, including Bitcoin in the national reserve ratio. Currently, it will not increase the cost for taxpayers to buy more Bitcoin, but will use the 200,000 Biscuits previously owned by the federal government as injected gold (these are all past confiscated fines), and promise not to sell this part of the assets. The executive order authorizes the Secretary of the Treasury and the Department of Commerce to develop budget-neutral strategies to acquire more Biscuits.
💖🤙🤙🤙One: Trump has fulfilled his pre-election promise by not selling reserves and including the big cake in strategic reserves, which is a particularly big positive for the crypto market in the long term. So why the short-term decline? Because of emotions, high expectations, and Asian retail investors' over-interpretation. Many newbies like to listen to analysts and some information, but the crypto market is mixed with good and bad. Many technical analysts don't even understand basic macro data interpretation like non-farm unemployment rate, let alone tracking on-chain data. They only look at candlestick patterns, so after the news is announced, many people over-interpret the 'will not purchase more crypto assets' in the document, misleading many retail investors and even leading the way in criticizing Trump as garbage.
💖2: What I want to say is, have you really carefully read the original text? Did you understand it? Is the release of the Trump executive order that we have been looking forward to just hoping for him to buy more pancakes? Not at all, what our market needs is for the U.S. government to recognize the value of Bitcoin, endorse Bitcoin, so that pancakes can truly be aligned with the international community, move towards becoming a regulated investment asset, and allow more countries to participate. This is the result we want, but in reality, everything Trump promised before has already been fulfilled.
💖Three: It is related to not buying more cryptocurrency assets and the current situation of the United States. Currently, Musk and Trump are actively reducing government spending to reduce inflation and stabilize economic development. It is not appropriate for them to use a large amount of funds to buy in, and Congress may not necessarily approve it. However, the document mentions authorizing the Treasury Department and the Department of Commerce to formulate neutral strategies for purchase. What is neutral? It means not spending taxpayers' money and can sell other assets to exchange for pie, such as selling some gold for pie, such as using insurance and pension funds to enter the market for purchase, indirectly without increasing expenses additionally, and buying reasonably.
💖Four: Federal and state finances are independent. The previously proposed share reserve bill by other states must follow the direction of the Trump administration. At present, the Trump administration's orientation is already very clear, so other states will also successively pass this bill, with a scale of at least tens of billions, and since Trump has decided like this, other smaller countries will definitely follow the footsteps of the big brother.
💖#白宫加密峰会 Summary: The signing of this executive order is historic. Do not mislead others due to your own ignorance and inability to distinguish right from wrong. Soon, we will see the audit results of the federal government's holdings, and each department will gradually implement the details of the executive order, as well as tomorrow's summit agenda. The morning sentiment selling pressure has come to an end, presenting a good opportunity. After the emotions pass, the market will return to the internal structure. The long-term uptrend is not over yet, and the short-term bottom rebound is also not over.