Figure 1: On October 24, 2019, China aimed to make blockchain a crucial technology for independent innovation, clearly defining its main direction, increasing investment efforts, focusing on overcoming a number of key core technologies, and accelerating the innovative development of blockchain technology and industry.

Figure 2: On March 2, 2025, U.S. President Trump released a series of statements on his self-created social media platform Truth Social, announcing the promotion of establishing a "Cryptocurrency Strategic Reserve," explicitly mentioning that Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA) would be included in this reserve. This news quickly triggered a significant surge in the cryptocurrency market, with the price of Bitcoin breaking $90,000 in a short time, and an increase of over 10% within 24 hours.

Trump stated that this strategic reserve plan aims to enhance the cryptocurrency industry and ensure that the United States becomes a global leader in cryptocurrency. He also emphasized that this move is a response to the "years of corrupt attacks" from the Biden administration. Market analysis suggests that Trump's statements not only brought about a short-term price increase but may also prompt a reevaluation of global cryptocurrency regulatory strategies.

The two figures are already very clear; history will repeat itself. Trend reversals require exchanging time for space, using large funds to lift the bottom, rather than changing beliefs with one bullish and one bearish candle.