Bitcoin continued its recent upward trend, reaching $99,000 per coin, setting a new record high and is expected to challenge the milestone price of $100,000.
The entire cryptocurrency market has gained about $1 trillion since Trump won the Nov. 5 election.
Recent developments in the United States include the fact that Securities and Exchange Commission Chairman Gary Gensler plans to step down on January 20, the day Trump will be sworn in. During Gensler's tenure, the SEC has taken a series of cryptocurrency enforcement actions, which the industry expects to taper off after Trump takes office. Trump's transition team has begun discussing whether to create a new White House position specifically responsible for digital asset policy.
Looking back at the American media's coverage of "Harris' election" a week before Trump took office, it looks more like a financial conspiracy, completely for the purpose of harvesting. For example, the sudden publicity of Harris's victory is aimed at harvesting some people's assets from the perspective of gambling, gold, cryptocurrency, and the stock market."
No one would have thought that in just less than a month, no, just half a month, Bitcoin would rise from less than 70,000 US dollars to nearly 100,000 US dollars.
Bitcoin has been telling everyone for so many years: As long as you dare to sell, any position is wrong. The currency must always be deployed at a low point and shipped at a high point, all in batches. Never pursue an extremely high point, otherwise it is easy to be fooled.
But if you don't sell, I will really harvest from you. As for selling fast, everyone has different opinions. In short, I think as long as you sell fast, it is better than cutting losses, and that is right.
Trump came to power. As a businessman, he is definitely focusing on making money, so Bitcoin has been rising. Today I saw that FTT rose a lot, and then I realized that I missed the news about Trump's meeting with the Afro on November 19. Let's see if Trump will release him and let him continue to make money for the United States as a top talent.
The future money-making effect of the cryptocurrency circle will be concentrated on Musk and Trump, as well as the SOL they support. Instead of playing memePVP every day, it is better to buy SOL and the ecological jto jup. A few days ago, I said in the group that the new high of SOL and the ecological system will definitely take off, and the market will rise very high as soon as it comes.
For Ethereum to take off, ENA ETHFI LDO SSV and others are essential.
The reason has been mentioned before. The United States has cut interest rates, and will continue to do so in the future. Funds will definitely flow to other places with higher interest rates. The interest rate for staking Ethereum, such as ENA, is 10%, while the United States has been falling from 5% to 4.75%, 4.5%... all the way lower. Money will definitely flow to large VC coins first, and then to small ones, because the premise of income is security. To make money in the currency circle, grasp these major premises, make good layouts in advance, and then you only need to wait to make money later.
Finally, I would like to answer a question from a fan. Someone asked, maybe this big bull market is coming. Is there such a possibility?
Absolutely.
At the same time, we have to ask ourselves, can the current off-market funds support Bitcoin, Ethereum and all altcoins to explode at the same time and enter a bull market?
At least I think it is not enough, so now we can expect the bulls, the round of increases, and the increase of ten or eight points, but it must be risky.
So you should buy in small amounts and sell when necessary, making sure you withdraw more and enter less, with a small number of contracts. In short, this contradictory market is far less safe than when Bitcoin is at a low price.
