BTC continues to surge!
On November 6, Trump won the election, and BTC broke the previous high of 73,777. Then within a day, it broke 75,000 and 76,000, continuing to break new highs on November 7 with 77,000, and on November 10, it refreshed records, breaking through 80,000 and 81,000, and today it surged directly to 90,015.
In summary, in just three or four days after Trump took office, BTC has continuously reached new highs and its price has reached the 90,000 range. This is the significance of Trump for crypto; the current trend aligns quite well with our predictions from a few weeks ago.
Looking at the market's response now, it is stronger than my prediction; this surge past 80,000 surprisingly happened on a weekend, indicating that retail investors can no longer hold back. Generally, institutions tend to rest on weekends, so the market usually sees weak movements during this time. Occasionally, there are spikes or drops, but the volume is weak, and the market adjusts back to last Friday's closing point before the US stock market opens.
If, after Trump officially took office and enacted a series of favorable policies, many bills were passed, I would be somewhat reserved about how high it could rise. I even think reaching around $85,000 would be a good achievement. However, I didn't expect it to happen so early; the sooner it reaches this position, the more limitless the future development will be.
Can ETH take the baton?
As for ETH, many brothers are questioning whether it can still perform?
In the past, I thought looking at ETH's data was useless (I still think so now), but now I believe the key for ETH lies in the new track. RWA and DePin must be the best options. Of course, DePin is still a bit distant from ETH, but there will be opportunities for RWA. RWA could very well be the weapon that triggers FOMO in ETH.
What it actually means is: if ETH rises, the altcoin season has arrived. If ETH does not perform, the altcoin season will also be difficult.
Which potential coins are worth entering?
ONDO
ONDO's current valuation is approximately $0.93, having risen 12.73% in the past 24 hours. Market sentiment is bullish, and investor interest is growing. November forecasts show that ONDO's potential price range is between $0.88 and $3.03, and if it reaches $1.76, the potential return for investors could be 241%. The December forecast is even more optimistic, predicting a price range of $2.76 to $4.22, with a return of up to 375% if it reaches $3.66.
GRT
The current price of GRT is $0.20, up 34% over the past year. Its price has consistently been above the 200-day moving average, indicating a strong upward trend. Despite the market sentiment leaning towards 'greed', GRT's high liquidity and strong technicals make its growth potential worth noting.
INJ
Injective's deep integration in the DeFi and AI fields has brought more investment opportunities. Its native token INJ is currently trading at $26, having risen 1.13% in the past 24 hours. The native stablecoin AUSD launched by Injective, along with its integration with AI, gives it a unique advantage in the decentralized finance ecosystem.
