According to Odaily Planet Daily, Alex Thorn, head of research at crypto asset management company Galaxy Digital, wrote on X: “I do think that Trump’s victory is more beneficial to altcoins than to Bitcoin, mainly because regulatory relaxation is more beneficial to altcoins than to Bitcoin.

As shown in the figure, technically, ETH's rebound is very weak. Even if it hits the last dive starting point of this round of decline, 2475, it is very weak. It ends with just one needle test, announcing that the bulls are weak, and it even triggered a decline in volume in the morning. If it further exceeds the red channel line below, it will inevitably trigger a greater panic. Whether 2100 can be maintained is still a question.

The most important point is that the price of ETH is too high, and it is difficult for the main funds to speculate. Of course, this still needs to be combined with the uncertainty of the global capital market. We need to wait for an opportunity. Whether it is ETH or BTC, I personally think that the price must return to below 40,000, which is a good entry point in my opinion, otherwise it cannot be operated.

If I were Grayscale, I would do the same. Of course, I would release important news such as the Fed’s interest rate cuts and rate hikes in the meantime to help the market crash. In short, I have waited for a year or two and I don’t care about it anymore. Don’t rush into the market, especially for those who like to hoard BTC ETH, including copycats. You can only hoard when ETH/BTC reaches the daily level. Now, it’s just short-term trading to kill time.

#美国大选如何影响加密产业？ #新币挖矿CATI #灰度将推出首个美国XRP信托

This is just my personal opinion, for entertainment purposes only, not investment advice.