PANews reported on May 7 that according to The Block, the analysis agency K33 Research said that the crypto market in the summer of 2025 may be different from previous years, mainly affected by the multiple policies promoted by former US President Trump. Trump previously signed an executive order to establish a strategic Bitcoin reserve and digital asset reserve, mainly based on the confiscation of Bitcoin by the Treasury Department, in order to make the United States a global leader in cryptocurrency, and the reserve Bitcoin will be held for a long time. Although the price of Bitcoin fluctuated between $77,000 and $87,000 for most of April, and the market's initial reaction was flat, analysts believe that in the long run, the policy may promote the participation of institutional investors, forming a "flywheel effect" to accelerate industry growth. They suggest that investors hold their coins and wait and see in May, waiting for the policy effects to appear, rather than following the traditional strategy of "selling in May and leaving". K33's research director and senior analyst pointed out in the report that Trump will promote many catalysts that are beneficial to cryptocurrencies in the summer of 2025, and the stock market may face the test of tariffs, which may lay the foundation for Bitcoin's relative strength.