Today's assignment is a bit simpler, mainly because the opening of 401K has opened up expectations for the market. This is no less favorable than the benefits of BTC through spot ETFs, and even more important than the effect driven by ETFs. After all, this has nearly $9 trillion in assets, and even if only 10% enters the cryptocurrency field, it is twice the overall market value of ETH and 4.5 times the market value of USDT and USDC. Of course, 401K can't invest in everything, and now it's just Trump's proposal. It still needs some checkpoints to pass. Even if 401K is passed, it can only invest in compliant cryptocurrencies, that is, spot ETFs, rather than directly buying BTCs or ETHs. More importantly, 401K investments are often focused on long-term holdings and rarely involve short-term operations. This is not only similar to current BTC and ETH ETFs, but also more sustainable than ETF holdings, which helps BTC transition from a high volatility asset to a long-term value storage tool. Secondly, Trump has made great changes in the selection of directors of the Federal Reserve. Waller, who did not receive a response after shouting in the air, suddenly became a very optimistic person in Trump's team, but Waller has not seen Trump yet. Today, Waller once won the election at Kalshi, with a victory rate of 50%. Although I don't know if Waller will definitely be elected, I do think Waller is currently the best "troublemaker" at the Federal Reserve. His biggest advantage over the two Kevin's is that Waller has been working at the Federal Reserve for four years, and compared to the two Kevin's, he knows better who can become a comrade, who can be recruited, and who is the enemy. Back to Bitcoin's data, today's turnover rate has slightly increased, mainly driven by Trump's confidence in the cryptocurrency market, and even the trend of departure from the US stock market. Although many small partners believe that Trump is the biggest trouble maker, it is undeniable that without Trump, BTC might not be as popular in the US today. Short term investors are still the main source of turnover, and investors with holding costs below $110000 are mostly in a wait-and-see state, with both support levels remaining very stable. I'm still holding on to many of them. Today, I once made a small profit, but I haven't reduced my holdings, because I think Trump's good intentions to release are not over. So I plan to take a look at it for a while, at least until Trump announces the list of candidates for the Federal Reserve's director. This article is sponsored by Bitget | @ Bitgetzh