There are 17 days left until Trump takes office! Will these coins be the first to explode?
Regarding ETFs, on January 3rd, Bitcoin spot ETF saw a net outflow of $242 million, and Ethereum had a net outflow of $77.51 million.
Binance announced today that the number of global users has surpassed 250 million and stated that 1 billion users is the benchmark for mass adoption, of which one-quarter has been achieved. Previously, Binance announced in June 2024 that its global registered user count had reached 200 million, achieving a growth of 50 million users in nearly 7 months. I expect that the growth in the number of cryptocurrency investors globally will not be very high in the future, as the big dividend period in the crypto industry has already passed, and the future difficulty of the market will gradually develop towards a hell mode. The trend of altcoins in this bull market will be much more challenging than in previous bull markets.
In terms of market trends, Bitcoin has rebounded as expected, but the volume is still mediocre, indicating that the overall market demand is not that strong. This low-volume rebound will be relatively weak against supply. The upper pressure level is still around 100,000. If it cannot stabilize at this position, the probability of a subsequent fluctuation and decline will increase. The weekly trend is not problematic, and the combination pattern remains a continuation, with Bitcoin still oscillating at a high level in the top area.
There are 17 days left until Trump takes office!
I want to remind everyone: Trump will make a speech at the Capital One Arena in downtown Washington D.C. at 12:00 AM Beijing time on January 20, 2025. This is a large public speech before Trump's inauguration, and friends should start to anticipate whether Trump will mention BTC and cryptocurrency-related content in this informal setting.
What can Trump's promises bring to the market after taking office?
(1) The FIT 21 bill will be prioritized to promote, and DeFi innovation may 'return' to the U.S.
(2) U.S. stablecoin legislation may return to the agenda.
(3) The repeal of the SAB 121 proposal will restart, and the challenges of cryptocurrency asset custody will see breakthroughs.
(4) The Senate will approve the Bitcoin strategic reserve plan.
I believe that as long as this reserve plan is initiated, it doesn't matter how much is reserved; its demonstration significance far outweighs the numbers. Various governments have already taken action during this time. Many think that the Americans won't actually reserve, so they choose to wait and see. As long as each sovereign country confirms the U.S. reserve's determination, the butterfly effect could lead to a storm. Moreover, with the U.S. being the only global superpower, when the time comes, Bitcoin's ceiling will extend infinitely with human imagination. Therefore, we must cherish the time we still have to accumulate coins.
Which altcoins will be most affected after Trump takes office in January?
DOGE: The fluctuations within the range are healthy trends because the last surge of Dogecoin attracted a large influx of new capital, which needs time to digest.
It can also be understood as washing out the uncertain holders. The way to wash out is to follow the market and continue to oscillate widely. The fluctuation of Dogecoin will be much larger than BTC and ETH, which is also a characteristic of small meme coins and is difficult to avoid. Dogecoin's price changes are influenced by Musk; a single message can trigger a rise or fall. This is a significant part of Musk's rise, and we must believe in Musk's vision, as he just helped push Trump to become President of the United States.
AAVE: A carefully selected project by the Trump family. Today, there are reports that ena and aave are collaborating to expand DEFI's functionality tenfold, while DEFI will see a new round of speculation.
PNUT: Squirrel Coin. It surged 400% in just two days during Trump's election campaign, and now is a great time to get in. Once Trump takes office, the hype will surely rise again, and Squirrel Coin is expected to see a second surge. If it drops, adding positions is definitely the right move.
ONDO: The RWA track is likely to be a key speculation sector in the bull market. Among the four Altcoins in the 'Presidential Selected Package,' the RWA concept accounts for 75%. ONDO's main business is to tokenize high-quality assets such as U.S. Treasury bonds and money market funds within a compliant framework, so ONDO is currently a blue-chip asset in the RWA track. Many investors optimistic about the RWA track will allocate some ONDO.
If you are still stuck and losing money in this kind of market, comment 333, no long!
