#代币储备 Short-term Carnival vs Long-term Test**
Trump's 'Token Reserve' strategy may act as a catalyst for market sentiment in the short term, especially when combined with policy expectations and the halving cycle, potentially pushing Bitcoin to higher price levels. However, the actual implementation capability of his high-profile initiatives is in doubt; if policy commitments are not fulfilled or the token mechanism lacks transparency, the market may quickly shift to a cautious stance. Investors should be wary of speculative volatility while also paying attention to the refinement of regulatory frameworks and the actual progress of strategic reserves.