#BTC, ETH, SOL, XRP, ADA 纳入战略储备

Trump once again proved his market appeal with action. Previously, his tariff policy had put pressure on the price of Bitcoin, but now he has announced that the United States will build a strategic reserve for cryptocurrencies, involving the five major currencies BTC, ETH, SOL, XRP, and ADA, directly igniting market enthusiasm. This unexpected yet logical news almost indicates the inevitability of policy implementation. It is reported that more details will be announced at the early morning of the crypt summit on March 8th Beijing time.
Currently, the market still needs to face the test of the non-farm data on March 7th. If the data performs steadily, the summit's positive news on the 8th may easily resolve short-term fluctuations. Looking at the first quarter, the policy interaction between Trump and the Fed remains the main theme. Although he cannot control the Fed, he can influence market sentiment with his every word and deed. In addition, potential turning points in the Russia-Ukraine situation, progress in the Utah reserve plan, and the mid-March dot plot update could all serve as catalysts to drive up Bitcoin.
Some people are worried about whether there will be a sell-off during the Asian daytime, but judging from the reaction after Trump's message on Sunday, the likelihood of this is decreasing. Bitcoin liquidity has surged, and the price has risen to around $93,000, with bottom-fishing funds mostly starting from $90,000. Although there is still some short-term selling pressure, the positive effects are hard to conceal. The rebound of M shares last Friday also injected confidence into the market. Even if the daytime sentiment cools down, the inflow of funds into M shares after the opening may stabilize the situation.
From a technical perspective of Bitcoin, on-chain data shows that the $93,000-$98,000 range is currently the most densely distributed chip range, which forms a key support for Bitcoin. As long as holders' sentiment does not collapse, even if the price briefly probes lower, it is highly likely to return to the range. Short-term risks mainly come from the macro level, especially the guidance from the dot chart. If planning to exit, around March 17th might be a good timing. In general, Trump's 'strategic reserve card' has injected a stimulant into Bitcoin, and players need to closely watch the policy direction in order to get a share in the first quarter wave.