This morning, the market opened again with Bitcoin making moves.

Former U.S. President Trump posted a series of comments on social media, praising the U.S. economy as a "deflationary boom"—with manufacturing recovery, rising household incomes, and booming private investment. He also openly criticized the Federal Reserve, saying that the central bank refuses to cut interest rates at all costs, which is masking the good momentum of economic growth. Once these comments were out, the market immediately responded.

Bitcoin surged accordingly, once reaching the round figure of $96,000. It has gained over 4.36% in the past 24 hours and stabilized around the $95,000 level. You can clearly feel the market’s agitation—frequent liquidations in the derivatives market and increased volatility compared to usual.

Interestingly, policy signals and market expectations have resonated here. Trump’s remarks on economic growth, to some extent, reinforced the market’s optimistic outlook on risk assets. As a dual-purpose hedge and risk asset, cryptocurrencies naturally react sensitively to such policy statements.

But it’s also important to recognize—a 4% increase in a day is common for Bitcoin at this scale. The real support still depends on fundamentals. The Federal Reserve’s policy stance, actual U.S. economic data, and changes in the global macro environment are the core variables that will determine the future direction. Short-term policy sentiment boosts can easily fade away; the key is how long this optimistic expectation can last.

The market is waiting for the next signal.