If the state government's strategic reserve is approved, the amount of funds it brings can be comparable to ETFs. The strategic reserves of the state government also include funds such as pensions. This is indeed a great expectation for BTC, but it will take time to truly bring funds in. It's a pity that ETH won't be able to pay off. For ETH, it is through staking. The application is affirmative, and there is a high probability that it will be approved. At present, it seems that the application for pledge may still take time, and it is uncertain whether Q1 can begin. Interestingly, ETH seems to have become stronger these past few days. Most likely, it is also because the SEC was preparing to adjust the ETF's strategy early yesterday morning, possibly through spot trading and pledging. So it stimulated the sentiment of institutions buying ETH. But it still takes time. Especially with the current monetary policy not yet loose, it is unclear where the expectation of interest rate cuts lies. I can only watch while walking. The current range of 90000-106000 is very similar to that of 60000 to 72000 last year. Last year, there was a sharp decline of 8.5%. This year, we will see what we are waiting for, and the awesome of the macro and policy. Either starting with 70000 or starting with 110000-120000. Looking forward to a stimulating emotion bringing in a large amount of funds, allowing BTC to break through the 106000 level and continue to rise. For example, this good news is the March interest rate cut. Alternatively, the state government could use strategic reserves to purchase funds directly, but the situation of austerity may not be very severe... Crazy, right Hey, keep grinding