Macroscopic interpretation: On January 21, 2025, #特朗普 was sworn in as the 47th President of the United States in the rotunda of the Capitol Building in Washington, DC, and issued a speech with the theme of "America First" and "Return to Common Sense" #特朗普就职 Speech. This speech not only marked the beginning of Trump’s new policy, but also attracted widespread attention in the financial market, especially having a significant impact on the cryptocurrency market. We will interpret Trump's inauguration speech and analyze his impact on the crypto market, especially the #BTC price drop from $11,000, and #比特币 the next trend.
Trump's inaugural speech emphasized the "America First" policy orientation, and further interpreted it as "returning to common sense", calling for a return to simple, direct and effective policy methods. He proposed a series of executive orders to be issued as a priority, covering borders, society, energy, industry and other aspects. In general, domestic and economic issues are prioritized over foreign issues. Trump said he would be committed to ending the government's policy of trying to influence race and gender through social engineering, and to building a society based on performance regardless of skin color. In terms of the economy, he promised to deal with record inflation, instructing cabinet members to quickly reduce costs and prices, and to use the United States' energy advantages to develop manufacturing and promote oil and gas exports.
Trump's policy vision has brought many potential impacts to the crypto market. First, the regulatory reforms and tax incentives he proposed may improve the policy environment for the crypto industry, attract more innovative companies to settle in the United States, and enhance the country's competitiveness in the global crypto market. If the US government officially includes Bitcoin in the national reserve assets, it will directly drive market demand and strengthen investors' long-term confidence in the value of Bitcoin. However, these policies also face a series of challenges in the process of legislation and implementation, such as partisan differences within Congress and overlapping functions of regulatory agencies, which may lead to slow legislation and inconsistent policy implementation.
It is worth noting that the Bitcoin market has experienced a significant upward trend on the eve of Trump’s inauguration. Bitcoin broke through the $11,000 mark for the first time at a jaw-dropping speed. However, after Trump’s inauguration speech, the price of Bitcoin fell back, falling to around $100,000. The reasons behind this phenomenon are complex and diverse, including changes in market sentiment and investors' adjustments to Trump's policy expectations.
On the one hand, in the early days of Trump's presidency, the market still expected that he would implement favorable policies for cryptocurrencies. Investors expected Trump to quickly fulfill his promises, such as issuing executive orders to create Bitcoin reserves and ensuring that the cryptocurrency industry has access to banking services. If these policies are implemented, they may bring new vitality to the Bitcoin market. However, with the end of the inaugural speech, the market did not immediately see the implementation of these policies, and investor sentiment was hit. Some funds chose to take profits, causing the price of Bitcoin to fall.
On the other hand, the Fed’s policy moves also had a significant impact on Bitcoin prices. On the eve of Trump’s inauguration, the Fed’s interest rate decision cut interest rates again, but it hinted that there would only be two rate cuts next year. This news became a catalyst for Bitcoin’s pullback. At the same time, Fed Chairman Powell made it clear that the Fed had no intention of holding Bitcoin, which also suppressed investment sentiment in the cryptocurrency market to a certain extent. After experiencing the previous surge, investors need time and space to digest profit-taking and reassess market risks, which also led to a decline in Bitcoin prices.
In addition, the global economic situation and geopolitical factors also have an impact on the price of Bitcoin. Before Trump took office, problems such as the slowdown in global economic growth and high debt were prominent, prompting capital to shift to emerging areas such as the crypto market. However, with the end of Trump's inauguration speech, the market's expectations for the effects of his policies began to diverge, and some investors chose to withdraw from the crypto market and turn to more stable investment channels. At the same time, geopolitical uncertainty may also prompt investors to seek more stable assets that are not affected by the policies of a single country, which to some extent weakens the safe-haven properties of Bitcoin.
Trump's inauguration speech had a significant impact on the crypto market. The price of Bitcoin rose first and then fell. The fall from $11,000 is a direct reflection of this phenomenon. Although Trump's policy vision brings many potential benefits to the encryption market, these policies face many challenges in the legislative and implementation processes. At the same time, the global economic situation and geopolitical factors also have an impact on Bitcoin prices. Therefore, when participating in crypto market transactions, you should pay close attention to changes in policy trends, global economic conditions, and geopolitical factors to formulate reasonable investment strategies.
BTC Analysis:
BTC has experienced significant fluctuations recently before and after Trump's inauguration, rising from $99,500 to $110,000, and then falling to around $100,100. The overall trend was first rising and then falling, showing a trend of "buying rumors and selling facts" and moving ahead of expectations and expectations being fulfilled.
At present, since the previous round of rise from $88,900, the Coinank super trend indicator shows that BTC has been in a bullish trend. It has recently retested the trend support line near the $100,000 mark many times. There are also large buy orders gathered here, which can be regarded as short-term support. This is related to the future direction of the market. If it holds, the bullish trend will be maintained. The short-term resistance above is around $107,000 and $110,000, and then the historical high; if it falls below $100,000, the support below is $95,000, and the previous important support is around $90,000.
