After Trump signed the new Bitcoin reserve policy, the price of Bitcoin plummeted!

This operation is quite interesting; in simple terms, the government announced that it would hold onto the confiscated Bitcoins without selling them, but the market did not rise, instead, it fell. There are a few key points here.

Most of the 200,000 Bitcoins in the hands of the U.S. government were seized (for example, confiscated from the dark web), and now they require that all these coins be registered clearly, to be stored as strategic materials in the future.

Additionally, a digital asset warehouse was established to specifically collect various confiscated coins, but it was clearly stated that no fiscal funds would be used to actively buy coins. This operation is equivalent to the national level giving Bitcoin official recognition, which theoretically should be a good thing.

However, the market's reaction was very real; as soon as the news broke, Bitcoin directly crashed by 5%. There are a few nuances:

Expectations were unmet: Previously, the market was wildly speculating that Trump would use treasury funds to buy coins in bulk, but it turned out that they were only storing the existing confiscated coins.

Some funds immediately fled, as the good news was fully priced in: This wave of increase had already absorbed the policy expectations, and now that the news has landed, speculators directly took profits.

It is said to be a strategic reserve, but there are no detailed rules on how it will be operated. For instance, what happens if an audit reveals that the actual holdings are less than what is publicly disclosed? These uncertainties make large funds hesitant to take action.

In the long run, the national level's recognition of Bitcoin's reserve value is more symbolic than some small countries buying coins. But in the short term, the market is purely emotional, especially since central banks worldwide are raising interest rates; high-risk assets like cryptocurrencies are inherently sensitive.

The current situation is somewhat like opening a blind box — the policy box has been opened, but what’s inside isn’t the limited edition that everyone wanted.

Moreover, the U.S. government now hoarding a large amount of Bitcoin is equivalent to being one of the largest holders in the world. Although it claims not to actively sell, if the policy shifts or there is a need to stabilize the market, these coins would be like the sword of Damocles hanging over the market.

Ultimately, the cryptocurrency market is still too young, and the national level's policy interactions are still in the exploratory phase. One should not just look at policy slogans; the specific execution details must be scrutinized.

Opportunities are about to arise; in the next layout direction, I will guide everyone to aim for the high-profit opportunities in altcoins, with an expected return of over 10 times being quite feasible. Like + comment, and I will take you through the entire bull market layout!