Trump decided to use the existing Bitcoin as a reserve and stop buying more, which is lower than the expectation of the currency circle. However, it is good for outsiders to upgrade Bitcoin to the gold level in the United States. There are still 56000 ETH and 62000 BNB in the account, which may also be converted into reserves. The price of Bitcoin fell from 91000 to 85000 as the government only held and did not buy or sell, leading to market disappointment and selling. Before the general election, Trump boasted about the reserve of one million pieces, and Little Kennedy raised four million pieces, misleading the market expectations. Trump has fulfilled its reserve commitment. The currency circle believes that it is bad if it is not as expected, while outsiders believe it is good. The potential of national, fund and state reserves has increased significantly. Texas may become the first reserve state. Although the government does not directly buy coins, its hidden purchasing power is considerable through judicial confiscation, tariff reinvestment, and other means. Short term market sentiment is sluggish, and Ethereum is in an awkward situation due to limited reserves. The public chain has been surpassed by Sol, and its positioning is unclear or it has become an ordinary knockoff. Sui is favored by ETFs, Link is relatively strong, and other knockoffs are temporarily on the sidelines