The holder-in-chief has arrived, but the crypto circle shouldn't rush to pop the champagne

Many people have already started to imagine:
"Does this mean the bull market is accelerating?"
Hold on a second.
The market won't change direction because of one person.
What truly determines the trend are still:
Liquidity, economic cycles, and capital structure.
However, this event does have a long-term impact—
Policy tone might become more "gentle."
In the past:
"Misunderstanding + caution"
In the future it might become:
"Understanding + management"
The difference between the two is significant.
The former causes market panic, the latter creates market expectations.
To sum up in one sentence:
Short-term focus on sentiment, long-term focus on rules. #比特币ETF期权持仓限额增4倍