Both favorable conditions have been established: Trump's victory and the rate cut in November.
From the current situation, the future price trend of cryptocurrencies is influenced by various factors. On one hand, the macroeconomic situation creates favorable conditions for the rise in cryptocurrency prices.
The Federal Reserve cut rates by 25 basis points as expected, and at the same time, the Bank of England also announced a rate cut of 25 basis points, further releasing macro liquidity.
Stablecoins, as the most direct liquidity indicator in the cryptocurrency market, often see their liquidity growth accompany rising cryptocurrency prices. The recent positive trend in stablecoin liquidity suggests that there is upward momentum in cryptocurrency prices.
Regarding $BTC, after entering the price discovery phase, its price experienced a significant increase in the short term, followed by a relatively stable consolidation phase. A Bitcoin at 7.2 looks expensive, while a Bitcoin at 7.6 looks even more expensive, but this might just be the starting point of the second half of the bull market.
After last night's rate cut, Bitcoin's increase did not reach a high level, instead, Ethereum performed stronger, with the price already above 2900.
Once Ethereum successfully breaks 3000, altcoins are likely to enter a mode of widespread increase, with an increase of at least 30% or more.
Take another look at SOL, it's about to break 200. Those who are fully invested, from suffering to feeling fulfilled every day, might just need three days (this is the origin of the saying 'one day in crypto is like a year in the real world').
When will altcoins other than Bitcoin surge after Trump's election?
The key is the speed of the Federal Reserve's rate cuts; after Trump takes office, rate cuts will become a norm.
The speed of capital flow will become faster and faster, first flowing from the Federal Reserve to the US stock market, then to Bitcoin, then to Ethereum, and finally spreading to altcoins. When the world enters a low-interest zone, and cannot rely on risk-free returns, the risk appetite of capital will increase, and at that time, altcoins led by Ethereum will welcome a true spring.
Several altcoin tracks worth paying attention to.
The resonant development of Ethereum and DeFi.
-$UNI: As a representative of the automated market maker (AMM) model, it is the leading token in the DeFi market.
-$AAVE: Aave is the leading token in the decentralized lending protocol.
-$LDO: The leading token in the Ethereum staking track.
-$ENA: The USDe protocol launched by Ethena Labs provides a stable synthetic dollar for the crypto market, leading in the DeFi stablecoin track.
Emerging conceptual assets combining AI and blockchain.
-$FET: The leading token in intelligent AI systems.
-$GRT: Provides distributed graph indexing services, a rising star in the AI track.
-$IO: Decentralized artificial intelligence computing and cloud platform token.
-$NMR: Numerai introduces AI technology to the prediction market, optimizing trading models through a competition format.
The rise of on-chain real asset projects.
-$Ondo: Focuses on the tokenization of traditional financial assets, especially the on-chain version of treasury bills, backed by BlackRock.
-$MKR: Uses the decentralized stablecoin DAI as collateral for RWA, integrating DeFi gameplay.
-$PENDLE: This project offers a yield trading protocol, belonging to an innovative model.
After the election, where will the next narrative hotspots be?
Musk is trending again, once the richest person successfully takes a side, it should lead to the hotspots of $DOGE and Musk's shoutout series, like Peanut the squirrel.
- $DOGE
Musk is a die-hard fan of Dogecoin; his support is a huge benefit for Dogecoin. Now, with him and the market excited, everyone is getting enthusiastic.
As long as Dogecoin breaks the key level of 0.50, it can surge to the level of 1 dollar, and may even touch the significant mark of 2 dollars. In the next four years, especially if it focuses on the economy, Dogecoin's trend will definitely be more bullish.
- $PNUT
Top narratives and right on time, a masterpiece in emotional trading. The MEME Peanut is worth studying and learning for all MEME culture creators and participants—Peanut's information gap and timing is just right! Election weaponry, political movements, rebellious spirit, and Musk; this is simply a natural combination for a MEME hit!
