#特朗普撤销农业产品关税 Last night, the encryption circle was ignited by a piece of news: Musk and Trump simultaneously appeared at a White House dinner, even sharing the same frame with soccer superstar Ronaldo. It should be noted that just last month, the two were publicly at odds on social media, and now they suddenly shake hands and make peace. The plot twist came a bit fast.

Let's first review the background. In June this year, due to disagreements over the electric vehicle subsidy policy, Musk directly criticized Trump's economic legislation, resulting in Tesla's stock price plummeting 14% in a single day, and the encryption market also experienced significant fluctuations. However, at this White House gathering, Trump specifically patted Musk on the shoulder to greet him and publicly praised Cristiano Ronaldo, clearly sending some kind of signal to the market.

What does this mean for the encryption market? In the short term, it may indeed boost sentiment. Trump has previously stated multiple times that he wants to include Bitcoin in the national strategic reserves, and Musk is an iconic figure in the industry; their joint appearance will naturally stimulate investor confidence. However, long-term risks cannot be ignored - the memory of the market turbulence caused by the deterioration of their relationship is still fresh, and the U.S. policy is fluctuating. The SEC's regulatory attitude towards cryptocurrencies is also repeatedly changing.

Ultimately, policy-driven markets are always a double-edged sword. Trump's statements can change at any time, and Musk's tweets often come unexpectedly. More importantly, there is still significant uncertainty on the regulatory front; a single document can change the market's face in an instant.

For ordinary investors, what is most needed at this time is calm. Don’t blindly follow trends just because of celebrities appearing together; any news before policy implementation is merely speculation. The real investment logic should be based on: closely monitoring substantial policy progress, reasonably allocating risk exposure, and avoiding emotional trading.

Remember one principle: the secrets of market fluctuations are often held on the conference tables and social accounts of a few individuals. The information gap always exists, and maintaining independent judgment is the way to survive.