In a recent report, investment bank Jefferies noted that US President Donald Trump's commitments in the cryptocurrency sector might have a significant impact on Bitcoin prices, especially during the election period. During the BTC 2024 conference last weekend, Trump announced his plan to include Bitcoin in the US strategic reserve and clearly stated that he would not sell any Bitcoin assets seized by the US government. These statements sparked discussions about the close correlation between short-term movements in Bitcoin prices and the results of the upcoming election.