Bitwise Cio Matt Hougan周三，尽管推出了颠簸，唐纳德·特朗普总统的战略加密储备宣布仍然是对市场的看涨

预备役周日揭幕，包括比特币BTC/USD，以太坊ETH/USD，SOLANA SOL/USD，RIPPLE XRP/USD和CARDANO ADA/USD

Despite a bumpy rollout and critiques from industry figures over its scope, President Donald Trump’s strategic crypto reserve announcement remains bullish for the market, Bitwise Chief Investment Officer Matt Hougan argued on Wednesday.

尽管唐纳德·霍根（Bitwise）首席投资官马特·霍根（Matt Hougan）周三辩称，尽管唐纳德·特朗普（Donald Trump）总统的战略加密储备储备公告仍然对市场的范围进行了颠簸和行业数字的批评。

What Happened: Unveiled on Sunday, the reserve—set to include Bitcoin BTC/USD, Ethereum ETH/USD, Solana SOL/USD, Ripple XRP/USD, and Cardano ADA/USD triggered a swift market reaction, with Bitcoin climbing from $85,000 to $95,000 before relinquishing all gains by Monday.

发生的事情是：周日揭幕，预备役 - 包括比特币BTC/USD，以太坊ETH/USD，Solana Sol/USD，Ripple XRP/USD以及Cardano Ada/USD迅速引发了市场反应，比特币从85,000美元攀升至$ 95,000，然后在周一的所有收益中重新获得。

However, while the diverse asset mix drew criticism from crypto luminaries and sparked initial skepticism, Hougan maintains that the policy holds long-term potential, which the market will eventually factor in.

但是，尽管多样化的资产组合引起了加密货币的批评并引发了最初的怀疑主义，但霍根坚持认为，该政策具有长期潜力，市场最终将考虑这一潜力。

In a Tuesday blog post, Hougan addressed the backlash, which included Bitwise CEO Hunter Horsley's tweet on Sunday: "I imagined a Strategic Reserve would be just Bitcoin. That makes the most sense to me... Bitcoin is the undisputed store of value for the digital age."

在周二的博客文章中，霍根（Hougan）在周日的Bitwise首席执行官亨特·霍斯利（Hunter Horsley）的推文中解决了反弹：“我认为战略储备只是比特币。这对我来说是最有意义的……比特币是数字时代无可争议的价值存储。”

Horsley's sentiment was shared by Coinbase COIN CEO Brian Armstrong and Castle Island's Nic Carter, who questioned the inclusion of non-Bitcoin assets.

Coinbase Coin Coin首席执行官Brian Armstrong和Castle Island的Nic Carter分享了Horsley的观点，他们质疑包括非比币资产的资产。

But Hougan sees the flaws in the announcement as minor compared to its overall bullish implications for Bitcoin and the crypto market.

但是，与对比特币和加密市场的总体看涨影响相比，霍根认为公告中的缺陷是次要的。

"For all of the flaws in the rollout, the reserve news is bullish," wrote Hougan, adding that the market will factor in the policy's significance.

Hougan写道：“对于推出的所有缺陷，预备役新闻都是看涨的。”他补充说，市场将考虑该政策的重要性。

Indeed, Bitwise data from CoinGecko tracking crypto assets between February 27 and March 3 shows the initial jolt of the announcement and Bitcoin’s subsequent retreat.

确实，在2月27日至3月3日之间，来自Coingecko跟踪加密资产的位数据显示了该公告的最初震动和比特币随后的撤退。

Hougan attributes the retreat to skepticism over speculative assets like Cardano but predicts a refined outcome.

霍根（Hougan）将撤退归因于Cardano等投机资产的怀疑主义，但预测了完善的结果。

"This week's announcement—as imperfect as it is—marks the first time the U.S. has ever said that bitcoin is a strategic asset," he noted.

他指出：“本周的宣布是不完美的，标志着美国有史以来第一次说比特币是一项战略资产。”

Also Read: White House Crypto Summit To Feature Roundtable With Industry Leaders Including Michael Saylor

另请阅读：白宫加密峰会将与包括迈克尔·塞勒（Michael Saylor）在内的行业领导者进行圆桌会议。

What's Next: He expects Friday's White House Crypto Summit, hosted by crypto czar David Sacks, to sharpen the proposal—likely toward a Bitcoin-centric reserve—broadening the policy's global impact.

接下来是：他希望由加密沙皇大卫·萨克斯（Crypto Czar David Sacks）主持的周五的白宫加密峰会（White House Crypto Summit）将提案（Like）提高该政策的全球影响力。

"We will have to wait until Friday to hear the administration's final thoughts on the reserve and what, if any, role the White House sees for crypto in the new Bretton Woods that is being forged in the wake of the war in Ukraine," said Hougan.

霍根说：“我们将不得不等到周五才能听到政府对预备役的最终想法，以及白宫在乌克兰战争后正在伪造的新布雷顿伍兹（Bretton Woods）中看到加密货币的角色。”

"My guess is that the administration will pivot to a more streamlined program focused on Bitcoin, and that the officials will highlight the need for U.S. leadership in the fast-approaching global crypto age."

“我的猜测是，政府将向一个更简化的计划转移到比特币，官员们将强调在快速吸引的全球加密货币时代对美国领导的需求。”

While supportive of the administration's crypto-friendly stance, Horsley expressed a narrower vision in his tweet: "Of course, I'm grateful the new administration is so constructive on the space. Look forward to learning more about the thinking here."

尽管支持政府对加密货币友好的立场，但霍斯利在他的推文中表达了一个狭窄的愿景：“当然，我很感激新政府对这个空间如此建设性。期待在这里了解有关思考的更多信息。”

However, Hougan builds on this, arguing that international competition—evident in El Salvador, Bhutan, and Abu Dhabi's Bitcoin acquisitions—could accelerate if the U.S. commits.

然而，霍根（Hougan）以此为基础，认为国际竞争（在萨尔瓦多，不丹和阿布扎比的比特币收购）中，如果美国承诺，国际竞争可能会加速。

He also sees political inertia favoring retention over liquidation, stating, "There is asymmetric passion for crypto in this country: There are a significant number of people who love crypto and a relatively small number who hate it."

他还认为，政治惯性偏爱保留而不是清算，并说：“这个国家对加密货币有不对称的热情：有很多人喜欢加密货币，而相对较少的人讨厌它。”

Despite the rocky start, Hougan believes the reserve's bullish core will prevail over the cosmetic flaws.

尽管有艰难的开局，但侯甘（Hougan）认为，储备的看涨核心将在化妆品缺陷中占上风。