2019: A statement from China, ‘Blockchain is a core technology’, caused the market to surge by 40%, only to lose it all a few days later.
2025: The leader passionately calls out 'BTC into national strategic reserves', and the market plays along for a bit, but after going through the process, it continues to fall.
Policies can ignite, but how far the market can go still depends on capital, cycles, and fundamentals.
Short-term stimulus is useful, but in the long run, it still relies on real capital.
No one can change the trend.
