The bullish factors boosting Bitcoin's price—such as the halving cycle and the BTC ETF—have already passed. Now, what remains are the Federal Reserve's interest rate cuts and Trump’s support for cryptocurrency. The latter’s influence is greater than the rate cuts. Despite Trump’s controversies, I believe "deal-making" and "keeping his word" are his two biggest traits. As for Bitcoin becoming a national strategic reserve, I trust he will follow through on his promises. To some extent, he has already become a driving force behind BTC’s upward price movement.