Macroeconomic Interpretation: As January 20, 2025 approaches, the United States is set to witness the second inauguration of #特朗普 . This event has not only sparked widespread attention in the global political and economic arenas but has also had a profound impact on the cryptocurrency market. Recently, the price of #比特币 successfully broke through the $105,000 mark, a trend closely linked to Trump's impending return to office. We will delve into an in-depth interpretation and analysis from the perspectives of Trump's policy expectations, the cryptocurrency market's response, and the correlation between the two.
Trump's impending return to office will undoubtedly make his policy proposals the focus of market attention. According to the latest research report from CITIC Securities, Trump may sign multiple executive orders in his first month in office covering various areas such as the economy, energy, society, and foreign affairs. In terms of the economy, Trump may sign executive orders on tariffs, deregulating administration, and encouraging the development of cryptocurrencies, which are expected to bring new development opportunities to the cryptocurrency market. His encouraging attitude towards cryptocurrency development will undoubtedly boost market confidence and drive up the prices of mainstream cryptocurrencies like #BTC .
In terms of energy, Trump may sign executive orders supporting traditional energy production and strengthening the security of key resource supply chains. Although this policy may spark environmental controversies, for the cryptocurrency market, the stable supply of traditional energy will lower mining costs and improve mining efficiency, thereby indirectly driving up cryptocurrency prices. Additionally, if Trump withdraws from the Paris Agreement, it will reduce international restrictions on carbon emissions, providing a more relaxed environment for high-energy-consuming industries like cryptocurrency mining. In terms of foreign affairs, Trump may propose a plan to end the Russia-Ukraine conflict and pressure NATO allies to increase their military spending contributions. These policies may lead to instability in international relations, but for the cryptocurrency market, there may be some short-term safe-haven demand.
It is worth noting that not all of Trump's policy proposals may be smoothly implemented. Particularly in areas requiring cooperation from Congress, such as debt, tax cuts, and energy subsidies, Trump is expected to face considerable congressional resistance and conflicts. The uncertainty surrounding these policies may also have some impact on the cryptocurrency market. However, overall, Trump's encouraging attitude towards cryptocurrency development and his policy proposals in energy, foreign affairs, etc., are expected to bring long-term development opportunities to the cryptocurrency market.
The price of Bitcoin broke through the $105,000 mark last night, a trend closely connected to Trump's impending return to office. On one hand, Trump's policy expectations have boosted market confidence, driving up cryptocurrency prices; on the other hand, the complexity and uncertainty of the global economic situation have also intensified market demand for safe-haven assets, further pushing up the prices of mainstream cryptocurrencies like Bitcoin.
From a technical perspective, Bitcoin's blockchain technology continues to mature and improve, providing strong support for the stable development of the cryptocurrency market. At the same time, as the global digital economy continues to develop, cryptocurrencies, as an emerging means of payment and value storage, are expanding their application scenarios and market demand. These factors jointly drive up the prices of mainstream cryptocurrencies like Bitcoin.
Trump's impending return has had a profound impact on the cryptocurrency market. His policy proposals not only bring new development opportunities to the cryptocurrency market but also intensify market volatility and uncertainty. In the long run, with the continuous development of the global digital economy and the ongoing maturation of cryptocurrency technology, the cryptocurrency market is expected to embrace a broader development prospect. Investors should closely monitor market dynamics and policy changes, rationally analyze market trends and risk factors, and make informed investment decisions.
Several informed sources have revealed that President-elect Trump plans to use his executive power in the first few days after taking office to ease the regulatory burdens facing cryptocurrency companies and promote the adoption of digital assets. It is expected that Trump will sign an executive order to establish a cryptocurrency advisory committee after taking office, a concept he first proposed last July.
According to a report by Bloomberg, due to market rumors that Donald Trump may soon issue an executive order designating cryptocurrency as a national priority, Bitcoin rose again this Friday. It is said that Trump may announce the establishment of the cryptocurrency advisory committee he previously promised in the executive order he issues, giving the cryptocurrency industry a voice in his administration. Investors expect that any statements from the new government next week will drive Bitcoin prices higher and potentially set new records. However, Wall Street has warned that although Congress and the White House will support cryptocurrency in 2025, thereby promoting innovation in the industry and asset class, the market may take some time to feel the effects. We await with anticipation.
BTC Data Analysis:
According to the latest data from CoinAnk, if the BTC price breaks above $108,366, reaching a new historical high, approximately $1.91 billion in short positions will be liquidated.
If the BTC price falls below $97,730, approximately $2.14 billion in long positions will be liquidated.
These data visually reflect the positions of major funds and risk control, and can also serve as a reference for trading or intervention.
