Major Good News: New Hampshire, USA, recently signed the historic bill HB302, becoming the first jurisdiction in the country to include cryptocurrency in its strategic reserves. Currently, only Bitcoin meets the criteria (market value of $1.88 trillion), while Ethereum, with a market cap of $214 billion, has not yet reached the standard. This move not only pioneers government-level allocation of crypto assets but also marks the formal inclusion of digital currency in the compliant investment landscape by local governments in the United States, which may inspire other states to follow suit and reshape the allocation of institutional funds.

Even more importantly, we need to wait for tomorrow's Federal Reserve meeting and Powell's speech.

Operational recommendation: If it strongly breaks through $96,500 during the day, successfully holds above the key resistance level of $96,000, the trading strategy should shift from short to long, with a buy on pullback at $95,000-$95,500.