Is the policy direction really about to change?

Recently, a prominent American figure publicly expressed support for advancing cryptocurrency legislation, and as soon as this news broke, the market immediately exploded. Honestly, this kind of top-level attitude shift is more effective than any technical indicator—bulls are hesitant to chase, bears are reluctant to short, and everyone is waiting to see the next move.

The privacy coin sector has been showing some interesting activity lately, with established projects like ZEC suddenly becoming more active, and ICP also riding the wave of popularity. However, it's worth noting that policy-related good news is often a double-edged sword; after short-term excitement, the actual implementation of legislation will determine the real impact.

If the US truly establishes a regulatory framework this time, will it be a long-term positive for the industry or a de facto tightening? Do you think this signals a genuine bull market or just another trap to lure investors?