K33 Research: This summer, there are many favourable information catalysts for Bitcoin, suggesting to hold coins and observe rather than "leave in May".

On May 7, analyst firm K33 Research said that the crypto market in the summer of 2025 may be different from previous years, mainly influenced by a number of policies promoted by former US President Donald Trump. Trump has previously signed an executive order establishing a strategic bitcoin reserve and a digital asset reserve aimed at positioning the United States as a global leader in cryptocurrency. The strategic reserve, which consists mainly of bitcoins confiscated by the Ministry of Finance, is not expected to be sold, but will be held for the long term as a national reserve asset. Although the initial market reaction was muted, with the price of Bitcoin remaining between $77,000 and $87,000 for most of April, analysts believe that this policy may promote the participation of institutional investors in the long term, creating a “flywheel effect” to accelerate the growth of the industry, and recommend investors to wait and see in May and wait for the policy effect to gradually appear, rather than the “sell and leave in May” strategy inherited from the traditional market. Vetle Lunde, head of research at K33, and David Zimmerman, senior analyst at K33, noted in a note on Tuesday that “there are typically fewer catalysts in the summer than at other times of the year, but this time the situation will be different, and President Trump will drive many catalysts in the summer of 2025.” Cryptocurrencies will face a number of positive factors driven by Trump, while the stock market may once again face a test of tariffs, which will set the stage for Bitcoin’s relative strength in the coming months."