在特朗普簽署了建立戰略比特幣保護區（SBR）的行政命令後，許多人驚訝地看到比特幣的價格下跌而不是飛漲。

為了解決這個問題，JAN3首席執行官Samson Mow在X上發布了一篇文章，解釋了市場反應以及為什麼價格下跌，儘管這是比特幣的歷史時刻。

After former President Trump signed the Executive Order establishing the Strategic Bitcoin Reserve (SBR), many anticipated a swift and significant surge in Bitcoin’s price. However, as reported by BTC Inc., the cryptocurrency experienced a decline instead.

在特朗普前總統簽署了建立戰略比特幣儲備（SBR）的行政命令之後，許多人預計比特幣的價格會迅速而大幅上漲。但是，正如BTC Inc.報導的那樣，加密貨幣經歷了下降。

Samson Mow, CEO of JAN3, took to X to explain the market reaction and why the price fell despite this being a historic moment for Bitcoin.

JAN3首席執行官Samson Mow上X解釋了市場反應，以及為什麼價格下跌，儘管這是比特幣的歷史時刻。

"As many expected, the Executive Order establishing the Strategic Bitcoin Reserve (SBR) did not lead to an immediate and dramatic increase in BTC's price. In fact, we saw a slight decrease in the short term," Mow explained.

Mow解釋說：“正如許多人所期望的那樣，建立戰略比特幣儲備（SBR）的行政命令並沒有導致BTC的價格立即急劇上漲。實際上，我們在短期內看到了略有下降。”

He further noted that while some viewed this as surprising, it can be explained in both simple and complex terms.

他進一步指出，儘管有些人認為這是令人驚訝的，但可以用簡單而復雜的術語來解釋。

"At its simplest, price decreases happen when more people are willing to sell at lower prices. In the short term, this selling pressure can be driven by several factors including:

“從最簡單的角度來看，當更多的人願意以較低的價格出售時，價格下降就會發生。在短期內，這種銷售壓力可以由幾個因素驅動：包括：

* Short-term traders taking profits.

*短期交易者獲利。

* Liquidations on derivatives exchanges.

*關於衍生物交換的清算。

* Tether issuance (which is used to buy BTC).

* Tether發行（用於購買BTC）。

* Macroeconomic events (e.g., interest rate decisions). "

*宏觀經濟事件（例如，利率決策）。 “

However, he highlighted the importance of considering the broader narrative.

但是，他強調了考慮更廣泛的敘述的重要性。

"In the U.S., we have seen a bipartisan effort over the past 18 months to introduce bills for a U.S. Bitcoin standard at the initiative of Congressman Tim Draper and others," Mow explained.

Mow解釋說：“在美國，在過去的18個月中，我們已經看到了兩黨的努力，為國會議員蒂姆·德雷珀（Tim Draper）等人的倡議介紹了美國比特幣標準的法案。”

"We also saw the support of the Republican candidates running for president in the last election. Even though Trump lost the popular vote to Biden, he won the Republican primary with over 70% of the vote and nearly all candidates supported a Bitcoin standard."

“我們還看到了上次選舉中共和黨候選人的支持。儘管特朗普輸給了拜登，但他以超過70％的選票贏得了共和黨初選，幾乎所有候選人都支持比特幣標準。”

He went on to add that while Biden's administration has largely ignored Bitcoin, Trump's Executive Order is a significant development.

他接著補充說，儘管拜登的政府在很大程度上忽略了比特幣，但特朗普的行政命令是一個重大發展。

"It is no small feat to get an administration to focus on anything for more than a week. Yet, Trump has persevered with the construction of 'Fort Nakamoto' despite attempts by the establishment to derail it."

“讓政府專注於一周以上的任何事情並不是一件小事。然而，儘管該機構試圖脫軌，但特朗普堅持不懈地建設'nakamoto'。”

According to Mow, this persistence will pay off as the U.S. begins accumulating more Bitcoin and other nations follow suit.

根據MOW的說法，這種持久性將獲得回報，因為美國開始累積更多的比特幣，而其他國家也效仿。

"We could then see a global race to acquire BTC similar to what happened with ETFs."

“然後，我們可以看到一場與ETF相似的BTC的全球競賽。”

Concluding his post, Mow stated that those who understand the story should plan accordingly.

在他的帖子結束時，莫夫說，那些理解故事的人應該相應地計劃。