I believe that cryptocurrencies may enter a bull market in the coming months, possibly even exceeding 2021 — some thoughts on the current market landscape under the Trump administration:

1) President Trump's term is a 4-year bullish option for the cryptocurrency market (i.e., Gensler being fired, the U.S. adopting a sandbox approach to cryptocurrencies, Bitcoin as a strategic reserve); this creates an environment where we can truly have a legendary asset class supercycle.

2) Retail interest in cryptocurrencies remains low, and Trump's victory would be a catalyst for the entire industry, reigniting retail participation/new inflows into this asset class (we've already seen BTC reaching new highs).

3) The market is still severely mispricing a Republican landslide, and given the loose regulatory policies for cryptocurrencies, the industry's upside potential may far exceed previous expectations.

- Bitcoin as a strategic reserve means BTC could reach $250,000 in this cycle.

- A SOL ETF could appear in Q1 2025, enabling SOL to flip ETH and even trade at $1,000.

- Other popular assets (like TAO) are expected to gain ETFs.

4) While long-term interest rates may rise, a Republican landslide creates a bullish outlook for the stock market in the next 6 to 12 months. As the industry is re-rated from 'death' to true 'death', the performance of cryptocurrencies may far exceed stock market indices, sharply contrasting with stocks that continue to 'rise'. We will start to see a rotation of funds flowing back into cryptocurrencies.

5) The global easing cycle (i.e., People's Bank of China, European Central Bank, Federal Reserve) creates a favorable environment for risk assets, and historically, cryptocurrencies have been the fastest horse.

6) The likelihood of breakthrough applications is soaring, accumulating the actual value of tokens.