Trump has been elected, now let's see his actions. First, he fired the SEC chairman, then established a Bitcoin reserve?
It’s hard to say. Yesterday, Bitcoin broke through the new high of 75,000, and I initially thought the sentiment in the US market would be even stronger, that it would definitely break 77,000, but unexpectedly, it only reached 76,380. While it's still a new high, it just feels a bit lacking!
Right now, Bitcoin's status is somewhat like our A-shares before the National Day. The sentiment bull has arrived, but when will it turn into a structural bull? The whole world is adjusting in response to Trump's presidency, but in the end, we still have to wait for Trump's specific policies after he takes office in January! Bitcoin has stopped rising, and funds have flowed into Ethereum for a rebound, which broke through 2,800 USD today. There’s still a long way to go to 4,000 USD, so let's take it slow!