Several significant events are coming up, and good news is on the way!
1. Trump's Inauguration
On January 20, 2024, the understanding king will once again step onto the presidential throne. This "old gentleman" has long been known for his friendly attitude towards the crypto space. His presidency will undoubtedly bring a series of favorable statements and policies for the cryptocurrency market. In this context, we just need to remain patient, wait for the market to recover, and believe that the future is promising.
2. FTX Large-Scale Repayment
Good news is coming! FTX will launch a repayment plan of 16 billion dollars on January 6, expected to be fully repaid within 60 days. The inflow of this massive amount of capital will undoubtedly inject a shot of adrenaline into the crypto circle, driving a comprehensive market rebound, and even helping us step onto a new level.
3. Ethereum Staking ETF
After Trump's inauguration, the Ethereum staking feature will also be introduced as promised. The launch of this feature will greatly enhance Ethereum's attractiveness, attracting a large influx of buying power. It is reported that staking applications are expected to appear in January, and before the Christmas holiday, the market has already laid the groundwork, with an influx of 131 million dollars in buying funds. The expectations of institutions are the best proof of the market's recovery.
4. Ethereum Prague Upgrade
Looking back at Ethereum's upgrade history, each upgrade has seen its price experience a major surge within three months. The outcome of this Prague upgrade is expected to be announced in January (although there may be a delay, it will not affect the ultimate trend). Let's look forward to Ethereum once again leading the market excitement!
