Usually when Bitcoin pumps heavily like today, altcoins tend to stay behind and only follow later. The reason why today this was different lies in the reason for the pump - the election results.

The market was in a month long limbo, undecisive and uncertain. Not good conditions for altcoins that flourish in markets with a clear direction or in other words - a full blown bull market.

The fact that Trump give the market a much needed boost of confidence. Altcoins heavily benefitted because of the prospect of clearer and more lenient regulations for cryptocurrency.

Regarding BounceBit: We cross this green line and we're good. Already got the 99 day moving average. $BB is making a comeback. Zoom out and you'll see.

Incoming regulations will also affect BounceBit's CeDeFi and the asset management behind it. So keep an eye out on that. If the regulations turn out to be lenient - likely with Trump elected - than this gives me much confidence for the future of BounceBit and CeDeFi in general. Ethena $ENA will be similarly affected. That's why it pumped so hard today. Projects like these with a big vision for the future, are undoubtedly bound to regulation.