The White House threw a 'dummy bomb' tonight — Trump is set to sign a bill executive order, but didn't specify what it is, just like a crypto project drops a 'major announcement' but only writes 'stay tuned', full of suspense.

Personal opinion:

The US just made a statement, Trump is going to sign a bunch of documents tonight, but not a single detail leaked — this operation feels familiar, just like last year before the Fed raised interest rates, they only said 'action will be taken', and the market panicked immediately.

I dare say this is an 'emotional bomb': whether this bill is about the economy, technology, or something else, as long as there’s no clear signal, the crypto market has to stay alert — after all, Trump has been inconsistent in his attitude towards cryptocurrencies; if this executive order touches on anything crypto-related (like regulatory policies), the market could crash at any moment. For example, in 2024 he mentioned a 'cryptocurrency compliance framework', and Bitcoin dropped 3% that day, a typical case of 'let's panic first during the news vacuum'.

The current situation is like 'before the shoe drops, no one dares to move': the crypto market has been sluggish these past few days, and once this news broke, buyers are even less willing to enter the market — it’s like holding a meme coin, and the project says 'big moves tomorrow', would you increase your stake or decrease it? You’d definitely hold onto your money and wait for news.

'This wave of 'vague news' is more agonizing than a clear negative signal; it all depends on whether Trump's documents tonight touch on crypto issues.