Trump continues to influence the global financial landscape, whether it's the US stock market or the cryptocurrency space. In the short to medium term, it's highly likely that we won't break the highs, because once the stock market shows signs of recovery, Trump will stir things up. 'Debt conversion' became the most important issue for Trump in his first year, so what we can predict is that Bitcoin is unlikely to reach new highs in the short to medium term. Furthermore, there is no grand narrative. However, the 100-day cycle remains effective.