Is Trump a big liar?

I expect a new rising phase in the next 3-7 weeks. Reasons include Bitcoin leading at a high level, Ethereum about to launch in Prague, and other factors that may drive the market up, as well as market capital rotation.

1. The attitude of governments led by the United States towards cryptocurrency is relatively positive, with fewer obstacles in the macroeconomic environment. These factors theoretically create a good environment for the market.

2. Trump will take office (inauguration on January 20, officially moving into the White House). If he is not a 'liar', he will fulfill his top ten commitments to cryptocurrency made before the election one by one!

I am not very sure when the next significant correction similar to the summer of 2024 will occur. But I speculate there are about 3-6 months' time before the cryptocurrency market may become very grim. Whether the next correction will be like the summer of 2024 may mainly be judged by policy and timing factors.

In the next wave of rising, you must learn to be a seller. If you choose to hold during a low period, I can understand, but the subsequent selling plan should gradually shift towards safer assets, such as relatively stable mainstream currencies!

In the summer of the Year of the Dragon 2024, most altcoins experienced a significant pullback of about 75%. This was mainly caused by the decline in mainstream cryptocurrency prices, institutional operations, and other factors triggering surrender emotions. Although those 6 months seemed extremely long for us, compared to the 1.5-year sideways period of altcoins from 2018-2019 and 2022-2023, this adjustment is actually considered relatively fast, with the main factors for quick recovery being policies like the U.S. elections!