Original title: “Bitcoin CME futures hit the largest gap in US$10,000 history. Is there pressure to cover?”

Original author: Arthur Wang, Dynamic Trend BlockTempo

U.S. President Trump announced last night that he would advance a cryptocurrency strategic reserve plan that includes SOL, XRP, ADA and ETH in addition to BTC. The news broke out that the bitcoin market fluctuated violently and led to CME Bitcoin Futures. The largest gap in history, exceeding US$10,000.

According to TradingView data, after Trump’s announcement, the spot market instantly poured in more than $300 billion, pushing the price of Bitcoin from $85,000 to nearly $95,000 in a few hours and causing a huge gap of $10,000 in CME futures. This record significantly exceeds the previous record of $4,000 in August 2024.

Cryptocurrency analyst Joe McCann pointed out:

·This CME gap far exceeds previous records and may become a key technical indicator of future price corrections.

Why is the Bitcoin CME futures gap important?

The CME futures gap refers to the fact that the Bitcoin market continued to trade after the Chicago Mercantile Exchange (CME) closed on Friday, resulting in a gap between the price at the opening of Sunday (7:00 Beijing time on Monday) and the closing price last Friday.

Traders generally believe that these gaps have a chance to be “covered” in the future, that is, the Bitcoin price may fall back to the US$85,000 range test. Analyst Rekt Capital said:

·Bitcoin successfully filled two CME gaps in one week.

·But in the process, Bitcoin also created a huge new CME gap between $84,650 and $94,000.

However, based on past market cycles, such large-scale gaps may take months to fill and will not occur so quickly. Cryptocurrency KOL Sommi also pointed out:

In the 2021 bull market cycle, the two major gaps that emerged were not covered until the bear market.

Is there any hope for altcoin reserves?

On the other hand, Trump hinted at the decision to reserve altcoins in addition to Bitcoin, which triggered different voices in the market. Many Bitcoin supporters believed that strategic reserves should focus on Bitcoin rather than include other crypto assets.

Casa CEO Nick Neuman further emphasized:

·Bitcoin is the only cryptocurrency that can reasonably be used as a national reserve. The unlimited supply of digital assets, especially those that are useless, should not be taken into account at all.

Some market observers believe that the reserve plan may eventually return to a “bitcoin first” strategy. Pierre Rochard, vice president of Bitcoin mining company Riot Platforms, said:

·The cryptocurrency strategic reserve will eventually become only holding Bitcoin, because the value of other altcoins will eventually approach zero.

The White House will hold its first “Cryptocurrency Summit” on March 7

Trump will host the first White House cryptocurrency summit on the 7th. Trump will deliver a speech at the summit. Participants will include well-known founders, CEOs and investors in the cryptocurrency industry, as well as members of the President’s Digital Assets Working Group.

The White House will host its first “Cryptocurrency Summit” on March 7. It will be hosted by White House AI and cryptocurrency czar David Sacks, and will be administered by Bo Hines, executive director of the President’s Digital Assets Working Group. Further clarification may be provided on the reserve plan.

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