The price of BTC experienced a spike due to Trump's speech, and indeed, there was an increase in Bitcoin supply at the time of the spike. However, this newly transferred supply has already been consumed, indicating that most investors in the market remain relatively optimistic about BTC's upcoming trends. Moreover, this portion of newly transferred supply is very low and has not created a trend of panic.

Currently, the total BTC supply on exchanges continues to refresh a near one-year low, and the sentiment among spot investors is still pretty good. Although Trump's speech was bearish, from this data, the temporary impact is very limited.