In the past couple of days, there have been two news items worth discussing, and it feels like the regulatory pressure has eased a bit.

Let's talk about tariffs first. The United States has extended the relevant exemptions directly to the end of next year, which means it has given the market more breathing room, at least in the short term, so there is no need to be on edge every day watching for policy changes.

The more crucial aspect is the SEC. They not only approved the SOL ETF but also issued a statement to simplify the approval process for crypto ETFs—this is not just talk, it clearly indicates a desire to give the green light to more compliant products. The implication of this move is quite clear: the regulatory body may be shifting from "strict prevention" to "orderly opening."

To put it broadly, the external policy environment is loosening, and compliance channels are also expanding. The combination of these two factors is definitely a positive for the market. Of course, how things will evolve still depends on future developments, but at least the current signals are relatively positive. If you are paying attention to how these changes might affect the upcoming market trends, now might be a good time to reevaluate your strategy.