Both favorable conditions have been established: Trump's victory and the November rate cut.
From the current situation, the future price trends of cryptocurrencies are influenced by various factors. On one hand, the macroeconomic situation creates favorable conditions for the rise of cryptocurrency prices.
The Federal Reserve cut rates by 25 basis points as expected, while the Bank of England also announced a 25 basis point cut, further releasing macro liquidity.
Stablecoins, as the most direct liquidity indicator in the cryptocurrency market, often see liquidity growth accompanied by rises in cryptocurrency prices. The recent positive trend in stablecoin liquidity suggests upward momentum for cryptocurrency prices.
$BTC has entered the price discovery phase; after a significant short-term increase, its price has entered a relatively stable consolidation phase. A 7.2 Bitcoin looks expensive, a 7.6 Bitcoin looks even more expensive, but this may just be the starting point for the latter half of the bull market.
After last night’s rate cut, Bitcoin's increase wasn’t very high; instead, Ethereum performed stronger, with prices already above 2900.
Once Ethereum successfully breaks through 3000, altcoins will likely enter a broad rally mode, with increases of at least 30%.
Looking at SOL, it’s about to break 200. Those brothers fully invested, from enduring the agony to experiencing daily happiness, might just need three days (this is where the saying 'one day in crypto is like a year in the real world' comes from).
When will altcoins besides Bitcoin surge after Trump's election?
The key is the pace of interest rate cuts by the Federal Reserve; after Trump took office, rate cuts will become a norm.
The speed of capital flow will increase; first from the Federal Reserve to US stocks, then to Bitcoin, followed by Ethereum, and finally spreading to altcoins. When the world enters a low-interest environment, and cannot rely on risk-free returns, the risk appetite for capital will increase. At that time, altcoins led by Ethereum will迎来真正意义上的春天.
Several altcoin sectors worth paying attention to
The resonant development of Ethereum and DeFi
-$UNI: As a representative of the automated market maker (AMM) model, it is the leading coin in the DeFi market.
-$AAVE: Aave is the leading coin in decentralized lending protocols.
-$LDO: Leading coin in Ethereum staking.
-$ENA: The USDe protocol launched by Ethena Labs provides a stable synthetic dollar for the crypto market, leading the DeFi stablecoin sector.
Emerging concept assets combining AI and blockchain
-$FET: Leading coin in AI system intelligence.
-$GRT: Provides distributed graph indexing services, a new star in the AI sector.
-$IO: A decentralized artificial intelligence computing and cloud platform coin.
-$NMR: Numerai introduces AI technology into prediction markets, optimizing trading models through a competition model.
The rise of RWA on-chain real asset projects
-$Ondo: Focused on the tokenization of traditional financial assets, particularly the on-chain transformation of treasury bonds, backed by BlackRock.
-$MKR: Utilizing decentralized stablecoin DAI as collateral for RWA, combined with DeFi gameplay.
-$PENDLE: This project offers a yield trading protocol, representing an innovative model.
After the election, where will the next narrative hotspot be?
Musk is trending again; after successfully aligning with the billionaire club, it should lead to $DOGE and Musk's series of hot topics, such as the squirrel $Peanut.
- $DOGE
Musk is a big fan of Dogecoin; his support is a significant boost for Dogecoin. Now, with Trump and Musk joining forces, the market is getting excited.
As long as Dogecoin breaks through the key level of 0.50, it can surge all the way to the level of 1 dollar, and it may even touch the 2 dollar mark. In the next four years, especially if focused on the economy, Dogecoin's trend is bound to be even more impressive.
- $PNUT
Top narrative and right on time, an exquisite piece in emotional trading. The Peanut meme is worth studying for all meme culture creators and participants—this information gap and timing are just perfect! A weapon for elections, political movements, a spirit of rebellion, and Musk—it’s simply a natural combination of meme explosion!