From my personal understanding, although many friends believe that the long-term price impact, including BTC, is not significant, I agree with this. However, if we put it in recent years, the impact will be significant. Although it is a bill related to stablecoins, there are three very important points: 1. Most directly, the sharp rise of Bitcoin since last November is due to the support of Trump, and once the market expects Trump to have insufficient energy, its expectations for the future market will inevitably weaken. 2. The stable currency bill is the biggest event that Trump has made to the cryptocurrency industry since his election. It can be said that it has continued the development of the US dollar hegemony, so it is certain that it will be passed. After all, the Federal Reserve and other people hope that the bill will be passed. If it cannot be passed, the development of cryptocurrency in the United States will be hindered. The reason for not passing is that some details need to be renegotiated. There is no problem with the overall direction of the bill. 3. The purchase of listed companies is due to the support of the president and policies. Without this support, it is not ruled out that these profitable companies may sell. If we follow the cycle, unless there is stronger support next time, it will take time to pile up. The above is my personal opinion and may not necessarily be correct.