Policy Storm: The Brief Fireworks Behind the Cryptocurrency Carnival
History loves to repeat similar plots. In 2019, China labeled blockchain as a core technological breakthrough, leading to the cryptocurrency carnival, where Bitcoin surged and then quickly fell back. In 2025, Trump called for BTC to be included in the national strategic reserve, and after a brief market rally, it too returned to calmness.
Policies Are Like Candy, Trends Lead
Policy announcements are like candy, briefly igniting market enthusiasm, but lacking real monetary support, the market will eventually decline. Whether it's the blockchain boom or the BTC reserve announcements, they are all short-lived festivities between policy and market, ultimately reverting to the dominance of capital and cyclical trends.
Trends Are Hard to Reverse, Policies Are Powerless
In the face of trends, the power of policy is minimal. Capital and cycles determine the fire's intensity; policies can only ignite it for a moment. In 2019, capital was not ready, and in 2025, the macro background was unfavorable, making BTC reserves unlikely to change the fate of risk assets.
Cryptocurrency Market, Core Key
The core of the cryptocurrency market lies in decentralized faith and the game of supply and demand. Policies are merely external forces; in the long run, support is needed from capital, technological iteration, and application scenarios. Otherwise, a bull market is just a castle in the air.
Personal Advice: Invest Calmly
In the face of policy announcements, one should remain calm. Short-term opportunities can be seized, but don't expect earth-shattering changes overnight. Policies are catalysts, not engines; long-term investments should focus on capital flows, cycles, and fundamentals. Staying calm and rational is a valuable asset in the market.
