Recently, Powell's negative attitude has indeed posed certain challenges to the advancement of Trump's policies, but everyone should understand that this is not necessarily a decisive factor. Let's focus on Bitcoin; as a strategic reserve plan, it has the opportunity to further solidify its position through congressional legislation. Therefore, we must believe in the power of trends; once a trend is formed, it is often irreversible.
As it stands, the upward trend is still continuing. As long as there are no unexpected situations in the first quarter of next year, with the new president taking office and the new SEC chairman in position, the speculative atmosphere in the market is likely to continue to heat up, and the trend is sure to continue its vigorous ascent.
Moreover, there is good news to share: the FTX restructuring plan will take effect in early January, at which point the compensation funds will return to the market in the form of fiat currency and stablecoins, bringing billions of dollars back, which will undoubtedly inject strong vitality into the market and further support the development of the bull market.
Although the cryptocurrency space is full of uncertainties, current signs give us reason to remain optimistic about the future market.