Last night, Trump suddenly announced that he would issue an executive order to advance Crypto Assets such as BTC, ETH, XRP, SOL, and ADA into the strategic reserves of the United States. If last week's PCE data was a "quick-acting heart pill," then Trump's advocate last night was definitely another shot of "cardiotonic" to the market. Although this wave of market is fierce, fundamentally it still relies on Trump's advocacy + market fear of missing out sentiment, which belongs to short-term Favourable Information on the news side. Looking at the medium and long term, there are still uncertainties in macro and policy aspects. What really determines whether large funds can continue to enter is the elimination of uncertainties in macro and policy aspects. Otherwise, short-term market will still be dominated by emotions. Will Trump make another big move at the encryption summit on March 7th? Will market sentiment continue to fear of missing out? This will determine whether the short-term market can continue to rise.

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With Trump's tariff policy not yet implemented, the key time points to watch are March 7th and early April. Over the weekend, Mexico proposed to impose tariffs on China together with Canada in exchange for Trump's tariff exemption. It remains to be seen whether Trump will approve this. If the tariff policy towards Mexico and Canada is postponed tomorrow, it will have a certain calming effect on market sentiment. We need to focus on three things: how the Fed views the current market uncertainty and the slowdown in the U.S. economy, when the Fed will stop shrinking its balance sheet, and the Fed's latest interest rate cut dot plot. If the latest dot plot shows a rate cut more than the market's expected 2 times, the market may rally again. But if it is lower than 2 times, below expectations, sentiment may quickly cool down.
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After Bitcoin surged in the early session, it started to retreat, indicating that there is still pressure from above. However, the current retracement is limited, and the price is oscillating within the range of 91100-93000. Once these two levels are broken, the price will usher in a new pattern. Such extreme market conditions are still rare. It is now beginning to stabilize, and the trend is continuously narrowing. The bottom is also gradually stabilizing, all waiting for evening news. Currently, it is adjusting at a low level. In terms of price, 95000 is the peak of the daily accelerated line. Let's first see the strength of the rebound. Shorting for a wave, follow the breakthrough situation in the range, and synchronize Ethereum's operation with the big cake!