PANews reported on March 7 that according to QCP Asia analysis, Trump signed an executive order in advance to establish a strategic Bitcoin reserve. The market "sold the fact" in the short term, and BTC fell from $90,000 to $85,000. The reserve did not receive additional budget in the early stage, and the government will use the BTC already held, mainly from asset confiscation. In the future, the Ministry of Finance and the Ministry of Commerce can explore the purchase of BTC at zero additional cost. Although it did not achieve the direct benefit expected by the market, it reduced the pressure on the government to sell BTC, which is still good for the crypto market in the long run. The market's attention has turned to the White House Crypto Summit and non-farm payrolls (NFP) tonight, which may cause market fluctuations.