Friends who have lost confidence in the cryptocurrency market, look here! Are you feeling confused and exhausted amidst market fluctuations? Don't worry, let's take a look at the good news that is about to illuminate our path forward!
Trump's Inauguration
On January 20, 2024, Trump will once again take the presidential seat. This 'old man' has long been known for his friendly attitude towards the crypto space. His presidency will undoubtedly bring a series of favorable comments and policies for the crypto market. In this context, we just need to be patient, wait for the market to warm up, and believe that the future is promising.
FTX Large Repayment
Good news keeps coming! FTX will launch a repayment plan of 16 billion on January 6, with expectations to pay it all back within 60 days. This massive influx of funds will undoubtedly inject a strong dose of confidence into the crypto space, driving a comprehensive market rebound and even helping us reach new heights.
Ethereum Staking ETF
After Trump's inauguration, the Ethereum staking feature will also come as promised. The launch of this feature will greatly enhance Ethereum's attractiveness, attracting a large influx of buyers. It is reported that staking applications are expected to appear in January, and before the Christmas holiday, the market had already pre-positioned with an influx of $131 million in buying funds. The expectations of institutions are the best proof of the market's recovery.
Ethereum Prague Upgrade
Looking back at Ethereum's upgrade history, every time after an upgrade, its price tends to experience a significant surge within three months. This time, the Prague upgrade is expected to reveal results in January (although there is a possibility of delays, it will not affect the final trend). Let's look forward to Ethereum once again leading the market!
Friends, in the face of market fluctuations, we need not be overly anxious. Maintain confidence, keep up with the trends, and believe that in the near future, we will surely reap bountiful rewards in this vibrant cryptocurrency space!
