FxWirePro- Major Crypto levels and bias summary 
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Ethereum Refuses to Stay Below $3,000 – $3,600 Next? 
Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks 
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
U.S. Sovereign Wealth Fund
On February 3, 2025, President Donald Trump signed an executive order to create a U.S. Sovereign Wealth Fund that would be used to manage national assets for the citizens of the United States. The order called for the Treasury Secretary and the Secretary of Commerce to produce a detailed plan for the fund within 90 days, potentially including digital currencies alongside traditional assets.
Speculation Around Bitcoin Inclusion
Although the executive order does not specifically mention Bitcoin, interest among Bitcoin supporters is growing. Senator Cynthia Lummis has proposed that the fund could strategically acquire Bitcoin, further igniting speculation about the government potentially utilizing its existing Bitcoin holdings from past seizures, which exceed 207,000 BTC.
Positive Market Reaction and Future Implications
In response to the move, the price of Bitcoin appreciated somewhat as investors saw it as an encouraging development with the hope of inclusion in the investment plans of individual countries. It brought the United States inline with global patterns since most countries have started putting their digital assets in their sovereign wealth funds. As such, its future and operation is yet unknown but heralds an ongoing trend toward integrating cryptocurrencies in mainstream finance.
