A hotel in Beijing was secretly chartered in late April. Is Trump really coming?! Is now a small opportunity to disperse? These days, it has gone viral in the industry, with screenshots of bookings for various high-end hotels in Beijing flying everywhere. Everyone is gambling: is Trump's visit to China the "moon landing" signal of the encryption market? As a retail investor, this may be the historical window you should not miss this year. Let's not get carried away by adrenaline for now. Turn the clock back a few years and see the true script given by history. In 2017, the response was lukewarm. In November, Trump visited China to talk about tariffs and geography. At that time, BTC was still spending 7000 dollars. At that time, the cryptocurrency industry was not as "delicate and expensive" as it is now, and its sensitivity to such diplomatic dramas was far less than it is now. 2018-2019: Short term 'decompression valve'. At the peak of the trade war, when Trump launched, risk assets took a roller coaster ride. Although it is a bear market, as long as the situation is tense, BTC trading volume will soar, becoming a short-term game paradise to deal with macro emotions. There are many opportunities, but the trend has not changed. 2020-2021: Emotions vs. Liquidity. Trump's words can really stir emotions, but after re examination, it was found that global liquidity and regulatory policies really let the currency take off. The 'visits' of big shots are just catalysts, whether they can go far depends on whether the money in the macro' fuel tank 'is enough. If he really comes next month, the script may be: BTC and ETH trading volumes will explode in the short term, market sentiment will be full, and price fluctuations of 5% -10% are fundamental. If there were no earth shattering financial policies, the noise would have returned to the original trend. In the long run, we still have to keep an eye on the face of the Federal Reserve. It must be reminded that currently all these news are rumors! And Trump's style is understood by everyone. The policy logic often changes, and the whereabouts and speech are extremely elusive. He may still be releasing positive news one second, but a tweet the next second can turn the market around. In general, Trump's visit to China is a powerful "emotional catalyst", which can bring short-term fluctuations and adrenaline to you. Retail investors who want to eat this wave of meat can join in the excitement, but don't take rumors as a panacea. The underlying policy logic and macro environment are the real driving force behind the operation!