#我的Gate交易时刻 Trump publicly supports cryptocurrencies.


If this had happened two years ago, who would believe it?
Someone who once publicly called Bitcoin a "scam" now openly endorses the crypto industry for votes, promising to relax regulations.
Political winds shift faster than a needle, crypto has become a key issue for swing state voters, even Elon Musk liked the posts below.
My first reaction was that the market would definitely celebrate wildly.
But after calming down, I realized Trump’s support has never been given for free; he has big backers and policy deals behind him.
If the crypto industry wants to use legalization as a bargaining chip, it must cater to the appetite of this political beast.
Short-term emotions are running high, but will long-term rules be tied to a rollercoaster of “who’s in office, who’s loosening”?
Earlier, I thought that with such news, $BTC would surge, but on-chain, I didn’t see large inflows; instead, funding rates tightened a bit.
Some in the market are betting on political dividends, but others are waiting for the real implementation day.
I don’t chase these emotional trends.
Political cards are always a double-edged sword.
Loosening regulations is good, but who benefits, and how much they loosen, is the real question.
Now, if many longs rush in and the election results reverse, the liquidation zone could bury people until tomorrow.
Don’t get caught up in the position.
This time, I’ll just review and reflect, not pretend to be a teacher.
Look at the on-chain prediction market, which just went through a legal crackdown—Michigan judge ruled that sports prediction markets are not under CFTC jurisdiction, Polymarket’s injunction was dismissed;
Kentucky sued Kalshi and Polymarket on the same day;
CME Chairman Duffy directly announced plans to sue the CFTC, opposing approval of Kalshi’s Bitcoin perpetual contracts.
These three events happened within two days, effectively giving prediction markets and perpetual contracts a three-way squeeze.
For crypto funds, this regulatory game will make more institutional funds temporarily cautious, liquidity will be tight in the short term, and altcoins and contract liquidation zones will become more crowded.
Do you think Trump really takes office, crypto will usher in a true spring, or is it just another political show?
#我的Gate交易时刻 #沃什首秀美联储利率不变 #预测世界杯加拿大VS卡塔尔
BTC0.70%
KALSHI-2.43%
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