The Trump administration is accelerating its embrace of cryptocurrency.

On May 28, local time, at this year's Bitcoin 2025 conference, U.S. Vice President JD Vance emphasized that cryptocurrency (especially Bitcoin) has become a part of the mainstream economy in the United States and "will be here to stay":

"I am here today to clearly and unequivocally announce that under President Trump's leadership, cryptocurrency finally has a supporter and ally in the White House."

Vlad Tenev, CEO of the stock and cryptocurrency trading platform Robinhood, stated in an interview:

"Under the previous administration, we basically experienced a carpet bombing of the entire industry. Now suddenly, you can start to attack… We now have a government that is open to technology."

Over the past year, the price of Bitcoin has increased by approximately 60%.

BTC: On the 4-hour chart, the price continues to stay below the middle band of the Bollinger Bands, and the short-term trend remains a rebound.

On the daily chart, the price continues to fluctuate near the moving averages, with average performance.

In summary, the support level is 108300, and the resistance level is 108800.

ETH: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy. The upper band of the Bollinger Bands is still a price resistance level, with a support level of 2720 and a resistance level of 2740.

LTC: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 96 and a resistance level of 100.

BCH: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 410 and a resistance level of 430.

That's all for now, good night!

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