Last night, Trump suddenly announced that he would issue an executive order to promote the inclusion of Cryptocurrencies such as BTC, ETH, XRP, SOL, and ADA in the US strategic reserves. If last week's PCE data was a 'fast-acting heart pill', then Trump's advocate last night was definitely another 'booster shot' for the market. Although this wave of market trends is fierce, it is essentially driven by Trump's advocacy and the fear of missing out in the market, making it short-term Favourable Information on the news front. In the medium to long term, macroeconomic and policy uncertainties still exist. What will truly determine whether large funds can continue to enter the market is the elimination of macroeconomic and policy uncertainties. Otherwise, short-term market sentiment will still dominate. 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 trends can continue to rise.


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In addition to Trump's tariff policy not yet being implemented, the key time points are March 7th and early April. Over the weekend, Mexico proposed to join Canada in imposing tariffs on China in exchange for Trump's tariff exemption. It remains to be seen whether Trump will approve it. If the tariff policies on Mexico and Canada are 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 latest interest rate dot plot of the Fed. If the latest dot plot shows interest rate cuts more than the market's expected 2 times, the market may still rise. But if it is lower than 2 times, below expectations, sentiment may quickly cool down.
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After Bitcoin surged in the morning, it started to retreat, indicating that there is still pressure above. However, the current retracement is limited, and it is currently oscillating within the range of 91100-93000. As long as these two key levels are broken through, the price will usher in a new pattern again. Such extreme market conditions are after all rare. Now, it is also starting to stabilize, and the trend is constantly contracting. The bottom is also gradually stabilizing, all waiting for the evening news. Currently, it is adjusting at a low level. In terms of price, 95000 is the vertex of the daily acceleration line. Let's first see the strength of the rebound. In the short term, follow the situation of the breakthrough in the interval, and synchronize the operation of Ethereum with the big cake!
TRUMP4,85%
BTC2,34%
ETH4,54%
XRP6,74%
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