#美SEC促进加密资产创新监管框架 Policy shift—how far are we from the bull market?

Recently, there has been a noticeable easing in attitudes toward crypto industry regulation. Does this mean the market is about to rebound? Many people are speculating whether, if favorable policies actually materialize, the current market pressure can be completely released.

To be honest, the greatest uncertainty in the crypto market over the past two years has come from regulatory policy. Once regulators are on board, a lot of suppressed demand and capital might start to move. But the problem is, how many hurdles are there between policy improvement and an actual market breakout? Can every piece of good news be directly translated into price increases?

Right now, it seems that the industry is becoming increasingly unified in its expectations for more favorable regulation. If this trend continues, the valuation logic for crypto assets may be repriced. But what investors really care about is: when will this cycle truly begin?