The price of BTC did not rise due to Trump signing the Bitcoin Strategic Reserve executive order; instead, the market interpreted it as some form of bearish signal. Two days ago, the market had already priced in the expectation that Trump would sign the Bitcoin strategic reserve executive order, so today's signing was merely a completed action.

Moreover, this is just an executive order, not a formal law. Currently, various U.S. states are discussing and advancing Bitcoin strategic reserve bills, which will provide more detailed discussions and confirmation regarding key information, such as how much funding will be used to purchase Bitcoin. This will be the driving force behind a potential Bitcoin price increase.

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