Whether it's Trump or Harris taking office, will the market surge significantly?
Next week, a key result will be revealed. After some thought, it feels like there won't be too much trouble. Regardless of whether it's Trump or Harris, the market will rise significantly. Trump may push Bitcoin as a national reserve currency quicker, while Harris's trend might be a drop followed by a rise.
Institutions like BlackRock are accumulating positions in this price range, hoping for a definite rise. However, market makers need to wash out a certain proportion in the subsequent trends before they can start lifting the prices.
Once a new high is broken, mainstream media will actively promote it, attracting more external capital inflow for large-scale gains. Currently, the accumulated positions are close to the prices set by the market makers, causing concern that the lift is just a matter of time.
A bull market without altcoins is still incomplete. Bitcoin and Ethereum are like the capital and first-tier cities of a country; the inflow of funds is just a matter of timing. First, funds flow into large coins, and only then will they move towards smaller coins. Taking ETH and SOL as examples, their high popularity is due to their strong ecosystems. Projects like Sui, despite their strong fundamentals, still struggle to attract attention due to a lack of ecosystem support.
Looking back three months, many altcoins surged by 5 to 10 times in the early stages. In fact, almost no one says altcoins don’t have a bull market. Most of the time, retail investors are easily influenced and experience anxiety, which is manufactured for profit. Now, these coins have large market capitalizations, and after experiencing dramatic declines, there will definitely be opportunities for 10 times or even dozens of times in the future.
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