$BTC hits a new all-time high, with the price breaking $76,400 per coin, and the cryptocurrency market is experiencing a strong upswing. Due to the favorable situation of Trump coming to power, the performance of Bitcoin under the bullish context should be good, and further upward movement is expected.
After Trump's election victory, the dollar, stock market, and cryptocurrency market are all rising. The Dow Jones closed up 3.57%, the S&P 500 index rose 2.5%, and the Nasdaq rose 2.9%, all reaching new historical highs. The favorable period after Trump's inauguration will continue to ferment; if Q4 achieves 100k+, then consider taking some profits and wait to buy back after a pullback.
$ETH has returned to 2800 for the first time today after dropping below 2800 in August; this is a new beginning. If it breaks 2770 and stabilizes, it means it will aim to attack 3-4k again, and altcoins will return.
The market's focus is shifting from inscriptions to meme coins, and the DeFi sector has become the new focus of attention.
With Trump's election victory settled, let's talk about the next steps.
After the election narrative ends, election coins can be sold. On Solana, $luce is particularly promising; this wave has washed out quite a few people. For the Zhuang coin, the focus is on $ban, which is currently being controlled by the Sun system, and the funds are definitely sufficient. It just depends on how to pump and create momentum. The AI16z in North America looks relatively weak, but considering the low inclusion rate, it can be continuously monitored. There are not many meme coins on ETH and BSC; swag and koma are still worth a heavy investment in terms of cost performance.
Trump wins the election; the most important thing is that he has a project launching, which is WLFI. This project can be understood as either a DeFi or RWA type. It will help the development and breakout of these sectors in the crypto world, and SCR can also be monitored. The coin issued by Trump, WLFI, is built on SCR.
Secondly, the first thing Trump did after being elected was to remove the SEC chairman. Once Gensler, who has suppressed the cryptocurrency market for years, is out, activities that the SEC previously disallowed can have some relief, such as institutions buying ETH ETFs for staking to earn revenue. Also, some tokens previously deemed securities by the SEC can now openly distribute dividends, and some projects currently in litigation with the SEC may also be potential beneficiaries.
In summary, the future mainline is clearer, which is the ETH sector + DEFI + RWA sector, the strongest combination of the three. For example, LDO, ENA, AAVE, etc., combined with SOL, SUI, APT, these competing public chain DEFI are also performing strongly today, such as RAY, CETUS, etc. Additionally, DEX types are all potential dividend coins, like UNI, etc.
Additionally, after Trump takes office, it seems that the RWA and staking sectors should rise.
The crypto market may strongly break out in this cycle, likely due to RWA, linking on-chain assets to the real world, forming a closed loop of virtual and real assets. This step of putting on-chain must be endorsed by a strong nation or government department. After Trump takes office, this process may accelerate, making it the most promising track in the latter half of the current bull market. Today's significant rise is not without reason; it may just be the beginning.
Because RWA is equivalent to BTC purchasing government bonds, the U.S. government will have more money.
Staking is due to the legalization of cryptocurrencies, and the interest from staking is very tempting for traditional finance.
So recently, I might buy some leading RWA and staking coins.
MAR, ONDO, PENDLE, these few.
