#BTC重回十万# Trump is just 4 days away from taking office. The market is expecting new actions from him. As early as January 9th, according to Reuters, informed sources said that at least one order is expected to be issued on January 20th. Trader Ansem previously stated that market uncertainty and fear may diminish after Trump's inauguration ceremony, depending on his remarks.

On January 16, according to Reuters, Trump's SEC team reviewed some pending cryptocurrency enforcement cases in court and is expected to comprehensively reform cryptocurrency policies, possibly freezing some lawsuits that do not involve fraud charges. Three sources said Republican senior officials at the SEC are preparing to reform the agency's cryptocurrency policy as early as next week after Trump takes office.
Two sources familiar with the matter said that Commissioners Hester Peirce and Mark Uyeda are considering measures that include initiating the relevant procedures, ultimately issuing guidance or rules clarifying when the agency will consider cryptocurrencies as securities, and reviewing some cryptocurrency enforcement cases being litigated in court.
As a result of this news, some projects like XRP, which are involved with the SEC, surged more than 17% on the day.
The inauguration of Trump and SEC regulatory reform have helped reverse market pessimism.
The market trends after the market trends have attracted much attention. Placeholder partner Chris recently tweeted that in a supportive US policy environment, the future of the cryptocurrency market may no longer show parabolic surges in return over the next few years, but rather a more stable growth, and the retracement of mainstream currencies may become less extreme. 85%-95% of significant retracements usually occur when the market structure has accumulated too much unrealized profit, and when the market fears that these assets may never rise again. Now, the world is gradually realizing that Bitcoin and high-quality crypto assets will exist in the long term, so the 'death pricing' experienced by mainstream currencies may have become a thing of the past (excluding some meme coins)
In addition, Chris believes that BTC and ETH are both launching ETFs (perhaps SOL will join soon), which will bring more stable buying pressure to these assets. If you want to understand the potential retracement level for BTC, you can observe the 200-week simple moving average (200W SMA), which is the most reliable technical support during each bear market period. Currently, this average is at around $40,000, which means a 60% retracement may occur in the bear market. Chris still believes that 2025 will be a volatile but opportunity-filled year.